Tokyo foreign exchange market yen market price 109 yen narrow price movement October 29 18:46
On the 29th, the Tokyo foreign exchange market and the yen exchange rate showed modest price movements, with the dollar weakening at a high level for the first time in approximately three months, with the dollar at 109 yen.
The yen exchange rate at 5 pm was 12 yuan compared to 28th, and the weaker yen was 1 dollar = 108.85 yen to 86 yuan.
Compared to the 28th, the euro was 8 yen, and the weaker yen against the euro was 1 euro = 120.65 yen to 69 yen.
The euro was 1 euro = 1.1084 to 85 dollars against the dollar.
A market official said, “The US President Trump referred to the progress of trade negotiations with China, which eased concerns about trade friction and moved the yen to buy dollars. Many investors refrained from aggressive transactions before the meeting to determine monetary policy between the FRB and the Bank of Japan. "