Dollar/Yen briefly fell to as low as 157.95 yen as authorities in Japan were observed to intervene to buy yen.

【7/30Market Overview

Tokyo time, USD/JPY fell toFOMC statement and Wall Street chair’s press conference, monetary policy outlook grew uncertain, while fading support to buy dips remained strong, then recovered to. In European session, USD/JPY saw broad yen buying and dollar selling, breaking belowthe 162.28 level– month U.S. (gross domestic product) flash estimate and month U.S. (personal consumption expenditures) price index, and the number of initial jobless claims for the prior week, among other U.S. data, showed that the market would remain range-bound around 163 for a while. However, around, activity persisted in a tight range. Then, around:30 per yen5/14, months and a half low since

【7/31Market View