Forex: Tokyo 25:00 / Yen broadly weak, Commonwealth currencies weak, selling of the pound, selling of the Australian dollar as the market environment shifts

■Position changes, signs - Thursday, January 5

・Tokyo morning: on the back of the previous day's reversal, yen strengthens, dollar weakens, and GBP and commodity currencies weaken. As European time approaches, yen strengthens, dollar strengthens, and GBP and commodity currencies weaken. From New York to London fixing, yen weak across the board, dollar strong, and GBP and commodity currencies weaken.

・Day-to-day balance is changing, euro buying 1.0603 canceled, pound selling 1.2007, aussie selling 0.6781 changing the market tone.

・Overall market tilts toward dollar buying. Yen weak across the board, GBP and commodity currencies weak. For two consecutive days, New York has lead as yen short.

■Main economic indicators (US-focused), interest rate decisions, events, news, etc.

・Caixin Services PMI for December China 48.0 (previous 46.7)

・IMF's Gopinath urges the Fed to raise rates = FT

・US December Non-Manufacturing PMI 44.7 (previous 44.6)

・US initial jobless claims 204,000 (previous 225,000 → 223,000)

・US ADP National Employment Report December +235,000 (previous +127,000 → +182,000)

・US November Trade Balance −$61.5 billion (previous −$78.2 billion → −$77.8 billion)

(If there is a change in the day-to-day balance and a new position is taken, it will be reconfirmed at NY close, and the new position will be moved to the overnight position, while the initial position will be closed. However, if a new day-to-day balance position is canceled midway, the initial position up to that point remains. Therefore, when new positions arise due to changes in the day-to-day balance, they will be hedged against the initial position. In the event of cancellation, losses or gains will occur accordingly.)