Amid the Japan-US triple-wip? Actually in English: "Amid the Japan-US triple decline/three-way depreciation, the dollar/yen moved from the 157 yen range to the 158 yen range." But verify: "日米トリプル安の中、ドル円は157円台から158円台で推移。" It means: "In the midst of a three

【1/20Market Overview

In Tokyo time, the USD/JPY rose to around 158.28 yen due to dollar buying at the fixing on the GoTo day (5, 10)5・10th and the sharp rise in the U.S. 10-year Treasury yield during after-hours trading.158.28yen, after which it fluctuated around 158 yen, but due to concerns about fiscal deterioration from triple decline (yen depreciation, stock decline, bond decline), the USD/JPY briefly rose to around 158.60 yen. In European time, with tensions between the U.S. and Europe over Greenland ownership, U.S. asset selling led to U.S. debt selling and dollar weakness. Following reports that the Danish pension fund Akademiker Pension plans to withdraw from U.S. Treasury investments, dollar selling accelerated, pushing USD/JPY down to157.46yen.NYtime, due to the rise in the U.S. 10-year yield and concerns about Japan’s fiscal deterioration, USD/JPY saw a rebound to158.11yen.

【1/21Market View