Yen trades near 157.90 per dollar in Tokyo, up 0.29 yen from previous day
The yen traded at 157.89–157.90 per dollar at 2 p.m. in Tokyo on November 6, strengthening 0.29 yen from 5 p.m. the previous day. Declines in Japanese and U.S. equities prompted risk-averse yen buying and dollar selling. Position-taking remained limited ahead of October U.S. employment data due that evening in Japan, which could influence expectations for U.S. interest-rate increases.