The yen is trading in the lower 157 range against the dollar. This movement is attributed to bets on a US rate hike, which has led to yen selling.

Further information on this development can be found at finance.biggo.com. The source provides details on the current state of the yen's value in relation to the dollar.

The impact of US rate hike bets on the yen's trading range is a key factor in its current performance, with the lower 157 range being the noted trading range against the dollar.