The Battle Is About to Begin
According to reports, there appears to be a possibility of rate checks.
However, the dollar-yen pair is staying in the around 158 yen range.
It is true that there was a large-scale yen buying not seen recently, but it did not reverse the yen depreciation trend. That’s all.
In the future, those who desire genuine currency intervention will create a so-called “prompt market” and aim for 160 yen again.
With the House of Representatives election as a turning point, the likelihood of a major move has increased.
Portfolio Selection is exceptionally strong in such a market environment, and expectations of a big win with fully automated, hands-off operation are rising.
The advantage of continuous 24-hour monitoring becomes evident.
However, the dollar-yen pair is staying in the around 158 yen range.
It is true that there was a large-scale yen buying not seen recently, but it did not reverse the yen depreciation trend. That’s all.
In the future, those who desire genuine currency intervention will create a so-called “prompt market” and aim for 160 yen again.
With the House of Representatives election as a turning point, the likelihood of a major move has increased.
Portfolio Selection is exceptionally strong in such a market environment, and expectations of a big win with fully automated, hands-off operation are rising.
The advantage of continuous 24-hour monitoring becomes evident.
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