Dollar/yen slips for the first time in seven days amid intervention alert.

【1/14Market Overview

In Tokyo time, as a general election for the House of Representatives is seen as highly likely, following a sharp rise in the Nikkei 225, the yen strengthened past the previous high of159.19to rise to159.45yen. In European time, amid caution about yen depreciation from Finance Minister Kanai and Deputy Governor Mimura, expectations for government and BOJ intervention increased, and yen buying and dollar selling led the trend.21around the time a report stated that the Constitutional Democratic Party and Komeito have begun adjustments toward forming a new party, and the Nikkei 225 futures plummeted, with the dollar/yen briefly158.19dropping toyen55? Actually it says “円まで下落。” which means it fell to 158.19 yen.time, adding: When U.S. Treasury Secretary Janet Yellen? (Here it mentions Yellen likely) said that “the won’s weakness in Korea does not align with fundamentals” and “excessive volatility in the currency market is undesirable,” dollar weakness and won strength led. As yen buying predominated, the dollar/yen fell toNY158.10yen. Afterward, toward the close, the dollar/yen was bought back to158.60yen.

【1/15Market View