Dollar/Yen rose to as high as 159.59 yen temporarily after strong U.S. economic indicators.

【8/17Market Overview

Tokyo time, USD/JPY rose to159.39yen, but later, due to dollar selling in the fix and other factors158.95yen as a downside, and during European hours, USD/JPY fell on the back of10year Treasury yields, but then buying interest emerged.158.84yen retraced. In New York hours,8thmonth NYNAHB housing market index surpassed expectations, pushing US10year yields higher, leading to yen selling and dollar buying. Heightened Middle East tensions contributed to higher Crude prices, and USD/JPY rose to159.59yen, the highest since7/31.

【8/18Market View