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Dollar holds in upper 158 yen range as BOJ governor refrains from policy remarks

Wed May 27, 2026 10:18 am JST Currency

The dollar traded around 159.28 yen at 10:00 a.m. in the Tokyo foreign exchange market on May 27, up about 0.10 yen from 5:00 p.m. the previous day.

In the New York foreign exchange market on May 26, the dollar finished around 159.30 yen, up about 0.40 yen from the previous day. Amid uncertainties surrounding the Middle East situation, risk-off dollar buying resurfaced, lifting the greenback to as high as 159.38 yen at one point.

However, the dollar-yen pair eased its gains in Tokyo as U.S. crude oil futures stabilized. Bank of Japan Governor Kazuo Ueda told an international conference that the shock from rising crude oil prices is "widespread and sustained," but refrained from commenting on economic assumptions for policy deliberations or desirable policy responses under current conditions. The pair continued to trade directionlessly in the upper 158 yen range.

The euro stood around 1.1638 dollars, virtually unchanged and up about 0.0001 dollars from 5:00 p.m. the previous day. Against the yen, the euro traded around 185.38 yen, up slightly more than 0.10 yen from the same time.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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