Concern over the U.S. economy's slowdown pushes USD/JPY toward the mid-140s or lower? Wait - the text: "米経済後退懸念でドル円は154円台前半へ下押し。" Translate: "With concerns about a U.S. economic slowdown, USD/JPY is pushed down toward the upper-154 yen range" or "toward t

【11/13Market Overview

In Tokyo time, USD/JPY rose to 155.02 yen on expectations of the U.S. government partial shutdown continuing, but failed to break above the previous high of 155.04 yen, and then eased to 154.63 yen. However, in the afternoon, on increasing Treasury yields in after-hours trading, it rose again to 155.00 yen. It should be noted that in U.S. time, the House of Representatives approved a short-term funding bill in the Tokyo morning. In the afternoon, President Trump signed the continuing resolution, and the longest-ever U.S. government shutdown was lifted. In European time, while awaiting economic data following the reopening of the U.S. government, concerns about U.S. economic slowdown remained strong, and risk-off yen buying and dollar selling led USD/JPY to fall briefly to 154.12 yen. In U.S. time, as remarks by Federal Reserve officials continued to show cautiousness about a rate cut in December, expectations for U.S. rate cuts waned, and USD/JPY was bought back to the mid-154 yen range.154.12yen.NYtime,FRBofficials continued to express a cautious stance toward a rate cut in December, causing expectations for U.S. rate cuts to retreat, and USD/JPY was bought back to the mid-154 yen range.154yen range.

【11/14Market View