With rising expectations of further U.S. rate hikes, the USD/JPY rose to 159.93 yen.
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【11/11Market Overview
Tokyo time, the dollar/yen rose on remarks by U.S. officials suggesting further hikes, lifting the outlook for U.S. interest rates,158.95yen rose to, but then158yen level to stay range-bound in the higher 150s. In European time, the dollar/yen continued the momentum from Tokyo time and159yen level to move higher decisively.NY time, with expectations of further rate hikes in the U.S. rising,159yen broke above and briefly reached159.93yen, marking9/2以来約2 months high.
【11/12Market View
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