Following remarks by U.S. Treasury Secretary Yellen, USD/JPY rebounds for the first time in four days.

【5/6Market Overview

Tokyo time,5/4when U.S. Treasury Secretary Janet Yellen avoided commenting on whether Japanese currency authorities intervened to buy yen, she said, "3The yen movement for the end of the week was rapid,152yen level to154.00yen, and in European hours, the dollar/yen moved mainly around the153yen level with little movement.In New Yorktime,5/4the remarks by Yellen led to expectations that the government and the BOJ would find it difficult to conduct intermittent currency intervention, prompting yen selling and dollar buying. The dollar/yen briefly touched154.00yen but then moved back to153yen range.