Yen Slips to ¥155 per Dollar as Traders Await Fed Decision

Rising U.S. long‑term yields lifted the dollar by accentuating the Japan–U.S. interest‑rate gap.

Overview

In Tokyo on Dec. 8, the yen was quoted at ¥155.35–¥155.36 per dollar, about ¥0.73 weaker than the previous week.
In New York the same day, the yen traded around ¥155.55–¥155.65 per dollar, roughly ¥0.27 weaker versus the prior week.
Brokers said dollar buying against the yen reflected attention to the wider Japan–U.S. interest‑rate differential after U.S. long‑term yields rose.
Price moves were limited as market participants waited for the Federal Reserve’s FOMC meeting scheduled for Dec. 9–10.
The euro also strengthened against the yen, hovering near ¥181 in Tokyo trading.