Worldwide stock prices are falling, and risk-averse yen buying is leading.

【10/22Market Overview

Tokyo session, dollar/yen rises toward the fixing level158.25yen to the level, but afterward, amid a sharp decline in the Nikkei157, the mood of risk aversion among investors strengthened,156.68yen on the low side of the early 157s. In European time, the dollar/yen declines as a risk-off buying of yen and selling of dollars led by a sharp fall in Asian stock markets, briefly toNYtime, dollar/yen157.35yen was bought back to, but as U.S.10year Treasury yields fell,156.74yen was pressured lower to the

【10/23Market View