Forex
Dollar-Yen Slips Below 158 Amid Rising Yen Trading Volume
The dollar-to-yen exchange rate moved lower on Thursday, trading around 157.52 according to First Squawk.
Trading activity on the EBS platform also picked up, which may indicate more traders are responding to the latest price move.
The yen has been under pressure for months but recent signals from Japanese policymakers have added uncertainty for traders.
The Bank of Japan's policy rate is now a major factor in the dollar-to-yen rate, with several policymakers arguing for faster or earlier rate increases due to inflation concerns.