USDJPY

November 16,

Dollar / yen, battle over 113 yen

Yesterday’s dollar yen updated its lowest lows since the beginning of the month. Stock prices fell softly worldwide, and long-term interest rates declined while the stock price fell temporarily to the 112.40 yen level. Thereafter, there was a scene to switch back to the 113 yen range, but the upper price was heavy and it was pushed back to the latter half of the 112 yen level and the transaction was over. There is a possibility that 113.00 which has been functioning as support for the lower price so far has turned to the upper price resistance, and today’s price move will be noticed. Trends in stock prices are expected to become the key today as well, and we want to pay attention to the movement of the Nikkei 225 average during the first 6 days of decline.

In addition to economic indicators such as US new unemployment insurance application number (20:30) and October Industrial Production (21:15), Today, Ms. Mester – Cleveland Federal Reserve Bank President (21: 10) and Kaplan – Dallas Federal Reserve Bank (25: 10), and a lecture by Brainyad Federal Reserve Board (FRB) director (27: 45) is planned.