Yen Weakens After Defeat of LDP-Komeito Coalition! Focus Shifts to U.S. Developments
Yen Weakens After Defeat of LDP-Komeito Coalition! Focus Shifts to U.S. Developments House of Representatives Election Results and USD/JPY Movements In the weekend’s House of Representatives election, the LDP-Komeito coalition fell below a majority, with the Constitutional Democratic Party and other opposition forces making significant gains. This has led to a state of political confusion, […]
USD/JPY Rally Pauses, Adjusts Ahead of Weekend Events
USD/JPY Rally Pauses, Adjusts Ahead of Weekend Events Since the start of October, USD/JPY has been rising rapidly, maintaining momentum this week and breaking above 153 yen. It has gained over 10 yen from the late-September low of 141.65 yen in about a month. Drivers Behind Dollar Strength and Yen Weakness Dollar Strength: Strong U.S. […]
Focus Today on Preliminary PMI Figures Seeking New Market Catalysts
Focus Today on Preliminary PMI Figures Seeking New Market Catalysts This week has seen a rise in the U.S. dollar and yen weakness, but today there has been a temporary adjustment. The market is currently searching for new catalysts. Early in the week, there were few major economic indicators, with sentiment driving market movements. However, […]
USD/JPY Surpasses 152 Yen; Market Focus on Governor Ueda’s Remarks
USD/JPY Surpasses 152 Yen; Market Focus on Governor Ueda’s Remarks This week, the momentum for dollar buying has strengthened alongside rising U.S. bond yields, pushing the USD/JPY above the 152 yen mark. The dollar index has also surpassed the 200-day moving average, reaching its highest level since August 2. Notably, the USD/JPY has seen over […]
Resumption of Dollar Buying Movement; This Week’s USD/JPY Influenced by the U.S. Fed and Presidential Election
Resumption of Dollar Buying Movement; This Week’s USD/JPY Influenced by the U.S. Fed and Presidential Election Trends in USD/JPY This week, dollar buying has gained momentum once again. In yesterday’s overseas market, the USD/JPY broke above the 150 yen level against the backdrop of rising U.S. bond yields, reaching as high as 151 yen in […]
Outlook for Overseas Markets: Quiet Trading Anticipated, Focus on U.S. Officials’ Remarks
Outlook for Overseas Markets: Quiet Trading Anticipated, Focus on U.S. Officials’ Remarks Situation in Asian Markets The Tokyo and Asian markets are showing relatively calm movements. The Chinese rate cut met expectations, and the market reaction has been limited. Shanghai stocks briefly rose but have since narrowed their gains, while Hong Kong stocks are under […]
Focus on the ECB Meeting and U.S. Economic Indicator Releases, with Events Concentrated Early in the NY Market
Focus on the ECB Meeting and U.S. Economic Indicator Releases, with Events Concentrated Early in the NY Market Today, important economic events, including the monetary policy announcement from the ECB and U.S. retail sales and industrial production, are concentrated early in the NY market. Ahead of the releases, nervous price movements are expected due to […]
Adjustments Near 150 Yen for USD/JPY: Strengthening of Selling on Rallies Amid Risk Aversion
Adjustments Near 150 Yen for USD/JPY: Strengthening of Selling on Rallies Amid Risk Aversion Yesterday, the USD/JPY rose to 149.98 in overseas markets, nearing the significant 150 yen level. Subsequently, a combination of dollar selling due to a decline in US bond yields and profit-taking led to a correction down to 149.45. Although it briefly […]
Continued Dollar Uptrend: Focus on Market Movements Following US CPI Release
Continued Dollar Uptrend: Focus on Market Movements Following US CPI Release The dollar has strengthened its upward momentum as we enter October. This is largely due to Fed Chair Powell’s cautious stance on significant rate cuts and the stronger-than-expected US employment data. Additionally, various factors are supporting the dollar’s strength, including rate cut expectations from […]
Signs of Renewed Dollar Strength: Targeting Dollar Selling Adjustments While Watching FOMC Minutes
Signs of Renewed Dollar Strength: Targeting Dollar Selling Adjustments While Watching FOMC Minutes In today’s Tokyo market, the USD/JPY has risen to the upper 148 yen range. This increase follows reports that China will hold a fiscal policy briefing on the 12th, reigniting expectations for a recovery in the real estate market. A risk appetite […]