Following hawkish remarks from multiple FRB officials, the USD/JPY briefly rose to 159.03 yen.

【9/24Market Overview

Tokyo time, USD/JPY slipped to157.79yen on dollar selling by exporters after the Silver Week holidays158.48yen as expectations for Fed rate hikes and a persistent yen weakening sentiment supported buying158yen in European trading. NYtime, hawkish remarks from Fed officials such as Hamrick, Cleveland Fed President, and Poole, Philadelphia Fed President, together with a rise in the 10-year yield, pushed the USD/JPY higher toFRB 10-year yield higher, then the USD/JPY rose to159.03yen.

【9/25Market Outlook