USDJPY

October 11,

The dollar / yen moves are gazing at US bonds.

 Yesterday’s dollar / yen stayed weak. While the problems of North Korea’s missile and Independence problems of Spain and Catalonia were smoldering, yields of US Treasuries declined, temporarily the dollar / yen fell below the 112 yen level. Amid such circumstances, the lower price of the dollar / yen was also limited, recovering to the level of the 112 yen first half. Today in the falling phase, the 200 – day moving average line (111.852 yen at the time of writing) will be supported.

Today, in addition to the three – year US Treasury Bidding and the 10 – year US Treasury Bidding, the Federal Open Market Committee (FOMC) minutes are scheduled to be published. It seems that the dollar / yen will continue to pay close attention to yields on US Treasuries.