U.S. ISM Manufacturing PMI forecast revised upward, dollar/yen continues to rise.

【2/2Market Overview

In Tokyo time, the dollar/yen rose on Friday ahead of the weekend lower house election polls showing the Liberal Democratic Party in the lead, and also as Prime Minister Tabu? The name in Japanese is 高市, Takashi? but likely referring to Prime Minister Takashi Tach? It says Takashi (Takahashi) News: "Takai"? It states: 高市首相 which is Prime Minister Takai? No, 高市早苗 is Sanae Takai? The LDP candidate Sanae Takai? The correct name is Sanae Takai. But translation should be "Prime Minister Takashi" if literal. The sentence: '高市首相が「足もとの円安基調で外国為替資金特別会計（外為特会）の運用が今ホクホク状態だ」と発言し' means 'Prime Minister Takai said that under the current mild yen weakness trend, the operation of the Foreign Exchange Fund Special Account (for FX) is in a sweet spot now' and was interpreted as yen weakness acceptance, leading to buying pressure,155.50yen to rise to.15time154.55yen to stall at around.154yen range upper half to midNYtime, U.S.10year treasury yields rose, prompting yen selling and dollar buying.1month USISMmanufacturing index52.6vs expectation of48.5, with dollar buying intensifying and the dollar/yen rising to155.78yen.

【2/3Market View