Due to the U.S. dollar buying on concerns and strong U.S. economic indicators, the USD/JPY rose to the upper 157 yen range.
【3/2Market Overview
During Tokyo time, the USD/JPY rose to near 157.00 as safe-haven dollar buying led by the tense Middle East developments continued. In European trading, dollar buying persisted, with USD/JPY advancing to157.15yen.In New York time,2month USISMManufacturing PMI came in above expectations, and with increases in US Treasury yields, USD/JPY rose to157.75yen, the highest since2/9.
【3/3Market View
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