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Dollar Holds in Mid-¥155 Range as Tokyo Forex Market Shows Persistent Yen Selling

Morning trading in Tokyo sees the dollar capped in the mid-¥155 range, with market sentiment continuing to favor selling the yen.

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Terms & Concepts
  • Tokyo Forex Market: The foreign exchange trading market based in Tokyo, Japan, influencing currency exchange rates during Asian trading hours.
  • Yen Selling: A market trend where traders sell the Japanese yen in exchange for other currencies, often weakening the yen's value.