The U.S. dollar rose against the yen on Oct. 19 as European stocks and crude oil declined, putting currency and commodity moves in focus before Japan’s next inflation report.
In a market snapshot, the dollar bought ¥158.296, up 0.25% against the yen. It fell 0.06% against the offshore Chinese yuan to 6.68087 yuan.
The European Central Bank’s Oct. 19 reference rates of $1.1225 and ¥177.63 per euro imply about ¥158.25 per dollar. That calculated figure is separate from the snapshot’s direct dollar-yen quote.
Germany’s DAX40 fell 1.35% to 25,251.8, and the Europe 50 index lost 1.11% to 6,121.95. The FTSE 100 stood at 10,743.5, down 1.15%, in the snapshot. London Stock Exchange data separately put its Oct. 19 close at 10,764.69, down 1.08%.
West Texas Intermediate crude dropped 1.51% to $98.57 a barrel, while Brent fell 0.34% to $109.45. Precious metals diverged: Silver gained 1.34% to $57.443 an ounce, and gold slipped 0.01% to $4,162.54 an ounce.
Japan’s September inflation figures are due Oct. 23, as noted in earlier coverage of dollar-yen trading. The Bank of Japan meets Oct. 29-30.
