The dollar at 3:00 p.m. is slightly lower at around 147 yen, disappointing expectations for additional measures from china.

October 8, 2024, 3:27 PM GMT+9 (excerpt).

At 3:00 p.m., the dollar/yen is trading at around 147 yen, with a slight decline in the dollar and a higher yen from the end of the previous day's New York market. Additional economic measures announced in china did not turn out to be as extensive as market expectations, which did not spread risk-on sentiment, leading to a generally firm yen movement.
The dollar saw a development of gradually lowering its upper limit from the early high of around 148 yen to the mid-147 yen range. In the post-holiday china stock market, although the major stock price indices initially rose by nearly 10% immediately after the opening, the gains gradually narrowed, leading to an increase in the firmness of the yen in the foreign exchange market with risk aversion.