USD/JPY recovers to the 148 yen level following strong U.S. economic data.

【9/18Market Overview

Tokyo time, the USD/JPY rose to 147.53 as Ms. Takagi announced formally her candidacy for the Liberal Democratic Party leadership, with expectations for “Sanaeomics (monetary easing, proactive fiscal stimulus, bold growth investments).”147.53In European time, the USD/JPY eased to 147.03 on the back of softer-than-expected U.S. 10-year yield and other factors.147.03In New York time, the Philadelphia Fed Manufacturing Index for September beat expectations, while last week’s U.S. initial jobless claims were better than forecast, supporting dollar buying. With U.S. 10-year yields rising as well, USD/JPY broke above 148 and climbed to as high as 148.26.147.03円まで下押し。NY時間、9月米フィラデルフィア連銀製造業景気指数が予想上振れ、前週分の米新規失業保険申請件数が予想下振れと、好調な米経済指標を受けドル買いが先行。米10年債利回りが上昇したこともあり、ドル円は148円を突破すると一時148.26円まで上昇。

【9/19Market Outlook