USDJPY

November 10,

Dollar / yen, lower price uncertain due to low price update.

Yesterday ‘s dollar yen weakened to the lower – 113 yen level. From concern that the risk mindset has fallen as the stock price adjusts globally and the concern that the tax system reform which is the eye-catching policy of the trump administration will be delayed, it fell to the level of 113.00 yen in the first place, was updated.

It is no wonder that major country stock prices have entered an adjustment phase just as the yesterday’s decline triggered as the high price renewal continued so far. Regarding the reform of the U.S. tax, there are considerable signs of opening up in the legislation of the Senate and the House of Representatives, so there is a strong sign that it is likely to be difficult to make “fit” in the future. In any case, it is a problem that can not be judged only by yesterday’s movements, and it will be necessary to judge the situation in the future. Under such circumstances, today’s dollar / yen is likely to be exploring the landing points of the weekend, with a fear of lower price.