USDJPY

September 29
Today is the end of the week, the end of the month, the end of the term

Yesterday ‘s dollar / yen fell to the upper – 112 yen level. Worldwide the stock price was steady and the US long-term interest rate also remained high, but position-adjusted dollar selling was dominant. The weekend, the end of the month, the end of the year overlap, the dollar’s upper price seems to be heavy today, and it is likely that the return selling will be strengthened if it approaches the 113 yen range. On the other hand, in the first half of the 112 yen range, there are many chart points such as the opening price (112.173 yen) this week, besides the daily one-shot equilibrium table change line (112.170 yen at the time of writing) and the 200 day moving average line (112.034 yen).
It seems to function as lower price support. In terms of materials, the results of the personal consumption expenditure price index (PCE deflator, August) that the US Federal Reserve System Board (Fed) will pay attention as an inflation index will be important.