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Yen Edges Up at 7 a.m. JST as Nikkei Closes Modestly Higher

Modest currency moves aligned with a cautious rebound in Tokyo equities following gains on Wall Street.

Overview

  • At 07:00 JST on December 8, the dollar traded at ¥155.19–¥155.28, down ¥0.57 from the previous day.
  • The euro stood at ¥180.72–¥180.90 at the same time, a decline of ¥0.38 day on day.
  • The moves reflect a slight strengthening of the yen against both the dollar and the euro compared with the prior session.
  • The Nikkei 225 ended up 90.07 yen at 50,581.00 after a session that saw one-step-forward, one-step-back trading.
  • Buy orders were somewhat dominant as investors took cues from the prior U.S. stock advance.