Yen weakens to 158.30–31 per dollar in Tokyo as US rate-hike expectations strengthen
The yen fell in Tokyo morning trading on November 9, reaching 158.30–31 per dollar at noon, 0.36 yen weaker than at 5 p.m. the previous Friday. Stronger-than-expected October US employment data bolstered expectations of a US interest-rate increase before year-end, prompting yen selling and dollar buying.