ADP forecast surprise upward and U.S. 10-year Treasury yield rising, sending USD/JPY climbing to the mid-150s.
【11/5Market Overview
During Tokyo time, the Nikkei average2400yen-plus plunge, risk-averse selling of the dollar/yen buying led, and the USD/JPY fell to152.95yen. After that, as the Nikkei average narrowed its losses, USD/JPY was bought back to around153.60yen. In European trading, USD/JPY hovered around153.60yen.NYtime, U.S.10thADPemployment data exceeded expectations, and U.S.10year Treasury yields rose, easing concerns about U.S. growth slowdown and reducing risk-off mood, with USD/JPY rising to154.35yen.
【11/6Market View
× ![]()