In August, the US PPI exceeded expectations year-over-year, and the dollar/yen rose to as high as 154.67.

【9/10Market Overview

In Tokyo time, as the fixing approaches, dollar buying was observed, and the USD/JPY rose to153.74yen, but when a member of the BOJ Policy Board said things like “if inflation accelerates, there is a risk of rapid rate hikes,”153.28yen fell. In European time, USD/JPY hovered around the mid-153s.153yen levels with little movement.NYtime,8month U.S.PPI(Producer Price Index) exceeded market expectations year-over-year, and USD/JPY rose to154.67yen, after which, on a pullback, it fell to153.84yen, but due to rises in U.S. 10-year Treasury yields, it moved up to154.50yen.

【9/11Market Outlook