USDJPY

December 04
Bad news and good news over the dollar

The dollar yen for one day was swayed by bad news and good news. The bad news is “the Russian Gate problem” which has reached a new development. A former presidential aide who was charged with suspicion of conspiracy between Russia and the trump camp reported that he would testify that contact with Russia was due to Mr. Trump. The dollar yen plummeted more than 1 yen to around 111.40 yen in this report.
The good news that flowed after that is that the US Senate has secured the necessary votes for the passage of the tax reform bill, and the dollar / yen rebounded by this news report. Following the fact that the tax reform bill was actually passed at the Senate General Meeting on the 2nd, this morning we are returning to the level of the 112 yen level, which is the level before the day’s sharp rise. It is likely that the market development of the dollar / yen will change greatly depending on whether the spot hits either the darkness or the light of the United States politicize in the future, and it seems that the flow likely to be swayed by news headlines is likely to continue in the near future.