Yen strengthens to lower 158 range against dollar in Tokyo trading

  • Yen strengthened against the dollar and euro in Tokyo morning trading.
  • 158.14–15 yen was the dollar's 10 a.m. quote, down 23 sen.
  • September Tokyo metropolitan consumer price data was released that morning.

The yen strengthened against the dollar and euro in Tokyo foreign exchange trading on the morning of the 2nd. The dollar was quoted at 158.14–15 yen at 10:00 a.m., down 23 sen from the previous day's close, while the euro traded at 177.65–67 yen. The move followed the release of September's Tokyo metropolitan consumer price index that morning; the broader market move was described as roughly 20 sen of yen appreciation from the previous day's 5 p.m. level.

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