TREE NEWS reports: The dollar fell 0.17% against the yen to 157.83 in Friday’s New York close, retreating from above 157.60 to below 157 after the US nonfarm payrolls report, leaving the greenback up 0.35% for the week within a 156.38-158.45 range. The euro dropped 0.81% against the yen to 177.70, while sterling rose 0.37% to 209.079. The yen also fell 0.58% against the offshore yuan to 4.2497.
Yen Slips 0.3% This Week as Dollar Holds Near 158
The yen's weakness is broad rather than dollar-specific: it lost ground against the euro, sterling and offshore yuan in the same session, which points to pressure on the currency itself rather than a single cross. That distinction matters for anyone tracking Japanese asset exposure or yen-funded positions, since it suggests the driver is domestic rather than a dollar story. The open question is whether the pair keeps respecting the week's range or breaks it, given how contained the move has been so far.
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