💱US Dollar/Japanese Yen FX Spot Rate
USDJPY
▲ PositiveMonetaryrelevance
Yen weakens after intervention unwinds, dollar strengthens against yen.
Impact on assets 1
Others
Yen Falls to Upper 157 Range in New York
3▲1 ▼0Impact / 5
In the New York foreign exchange market on the 4th, the yen weakened to the upper 157 range against the dollar as positions unwound following yen-buying intervention by Japanese and US monetary authorities. As of 5 p.m., the yen was at 157.71 to 157.81, down 0.58 yen from the same time the previous day.
Yen weakens after intervention unwinds, dollar strengthens against yen.