USDJPY

October 12,

Dollar / yen, seeking direction sense.

Yesterday’s dollar / yen was bought and sold in the first half of the 112 yen range, the price did not move. The response of the dollar to the Federal Open Market Committee (FOMC) minutes was modest. However, it was revealed by the minutes that active discussions were made over inflationary trends. “A few said that they will pay attention to the inflationary indicators over the next few months in deciding future rate hikes.”

Under these circumstances, market attention seems to attract the US September Producer Price Index released today and the US September Consumer Price Index tomorrow. In addition, Today, Powell’s current director, a leading candidate for the next Federal Reserve Federal Reserve Board (Federal Reserve Board) will attend the debate. Also in Washington, G20 Finance Minister and Central Bank Governors’ Conference will be held (until 13th). While looking at these materials, the dollar / yen seems to be looking for the next direction.