? This week's outlook: bullish (but watch for intervention)
Following the strong U.S. employment report for the weekend, the dollar has accelerated, and is currently160 yen level in the lower part of the early range, with a sharp rebound. The start of the week is likely to continue this “strong dollar” trend.
? Two key points to watch
【Wednesday21:30】 U.S.5th CPI (consumer price index)
This week's biggest turning point. If the numbers are strong,161 yen level could be breached; if weak, a decline toward the 158 yen level.
【160 yen high】 Forex/BOJ intervention alert
Having breached the 160 yen level, this is a warning zone where intervention could come at any time. Be wary of sudden drops.
? This week's expected range
157.50 yen to161.50 yen
? One-line strategy: The basic stance favors buying on dips (long) in a favorable market, but until Wednesday's CPI, movement is limited; at around the 160 yen level there is a risk of sharp fluctuations, so trade cautiously with smaller lots for safety.
? Two key points to watch
【Wednesday21:30】 U.S.5th CPI (consumer price index)
This week's biggest turning point. If the numbers are strong,161 yen level could be breached; if weak, a decline toward the 158 yen level.
【160 yen high】 Forex/BOJ intervention alert
Having breached the 160 yen level, this is a warning zone where intervention could come at any time. Be wary of sudden drops.
? This week's expected range
157.50 yen to161.50 yen
? One-line strategy: The basic stance favors buying on dips (long) in a favorable market, but until Wednesday's CPI, movement is limited; at around the 160 yen level there is a risk of sharp fluctuations, so trade cautiously with smaller lots for safety.