Dollar/yen rose to as high as 159.98 yen, supported by favorable U.S. economic indicators amid uncertainties in Middle East affairs.

【6/2Market Overview

In Tokyo time, the USD/JPY rose to159.74yen, nearing the previous day’s high of159.76yen. Also, Finance Minister Katayama said that “the exchange rate will be appropriately addressed as needed,” but its impact on the market was limited. In European hours, USD/JPY remained largely range-bound around the mid- to high-150s as talks toward concluding hostilities between the U.S. and Iran continued to be monitored.159yen range in the upper half with little movement.NYtime, crude oil futures prices drifted higher, leading to broad-dollar buying.4月JOLTS (Job Openings and Labor Turnover Survey) job openings761.8万件, beating the forecast of686.5万件,159.98yen and4/30以来の高値を更新。

【6/3Market View