USDJPY

October 17,

Dollar rebound with speculation of Fed chairman HR.

Yesterday’s dollar / yen recovered to 112 yen. At one point, there were scenes of falling to the 111.60 yen level and putting a low price since September 26, but when John Taylor emerged as a candidate for the next chairman of the Federal Reserve System (FRB), the yield of US Treasury yield The dollar was bought with the rise. If it is assumed that Taylor Fed chairman is born, it seems that it took the speculation that monetary tightening will be strengthened.

However, President Trump is said to meet with Yellen’s current Federal Reserve Chair in the week and Mr. Taylor and Ms. Yellen will join the conflict between Mr. Warsh (hawk) and Mr. Powell (doves), it has become a rough battle pattern in a form to divide. In the meantime, we are forced to become sensitive to such news, and it seems that the dollar / yen will continue to develop nervously.