After the start of the easing, a delay observation led the dollar/yen to rise, updating a high of 154.85 yen.
【4/22Market Overview
Tokyo time, USD/JPY weakened to154.44yen at the early hours, but climbed to154.76 as U.S. Treasuries of 10 years rose and the Nikkei Average held firm during after-hours trading154.76yen. In European and U.S. times, USD/JPY traded154yen-strong territory with little movement.In New Yorktime, while concerns over Middle East geopolitical risks receded, the rise in U.S. and European stock prices led to yen selling and dollar buying. With expectations that the timing of Fed rate cuts may be delayed, USD/JPY rose to154.85yen.
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