Dollar/yen rises to as high as 160.44 yen amid escalating tensions in the Middle East.

【6/9Market Overview

Tokyo time, the dollar/yen was moving around in the 160.20 range,160.20with slight moves, but in the afternoon, amid reports that the Bank of Japan would1.00% raise at next week's monetary policy meeting,160.05the dollar/yen fell to around 160.05. In European trading, the dollar/yen lacked a clear trend160.10and moved in a tight range around the 160.10 level.NYtime, President Trump posted on hisSNSthat “Iran shot down one of our helicopters last night,”1and that “the United States must respond to this attack,”160.44160.44indicating possible retaliation against Iran, which led to a risk-off rally in the dollar and pushed the dollar/yen up toaround 160.44 yen.

【6/10Market View