Following a sharp rise in the Nikkei Average, the USD/JPY rose to 145.94 yen.
【1/15Market Overview
Tokyo time, USD/JPY rose to5・10on Gotō Day (the fixings) to 145.23 yen from buying observed,145.23yen, after which145yen was breached, but as the Nikkei index continued to reach post-bubble highs day after day, together with the cross currencies, USD/JPY rose to145.29yen. In European time, with NIKEI futures in the night session holding firm,30,000 yen, USD/JPY rose to145.94yen. InNYtime, with the U.S. market closed for Martin Luther King Jr. Day, USD/JPY traded in the high-145s.145yen level with little movement.
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