Yonhap Infomax NewsThe dollar-yen exchange rate climbed to 148.266 in Tokyo as risk-on sentiment intensified following record US stock market highs and rising Treasury yields, while the yen weakened amid strong importer demand for dollars.
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[Tokyo Foreign Exchange Market]Dollar-Yen Rises as 'Risk-On' Sentiment Prevails Amid US Stock Market Rally
The dollar-yen exchange rate climbed to 148.266 in Tokyo as risk-on sentiment intensified following record US stock market highs and rising Treasury yields, while the yen weakened amid strong importer demand for dollars.