USDJPY

October 24,

Confirm the weight of dollar / yen, 114 yen range.

Yesterday ‘s dollar / yen rose to around 114.10 yen and got a high price for the first time in about three months, but later stalled. At the end of the NY market there was also a scene of falling to the level of 113.20 yen involving stop loss. It seems that short-term settlement sale came out in the form that the “window” on the daily leg chart opened by receiving the result of the House of Representatives election was filled earlier.

The dollar / yen has reconfirmed the weight of the 114 yen range, so it seems that it will be exploring the direction to go next while meshing around the 113 yen range. The US long-term interest rate will be the key to that. The next chairman ‘s personnel affairs of the Federal Reserve Board (Fed) and the reform plan of President Trump’ s tax reform will draw attention.