Dollar/yen, adjustment centered around 156 yen ahead of U.S. jobs data.

【6/6Market Overview

In Tokyo time, USD/JPY came under pressure as domestic real demand sellers were observed toward the fixing, pushing the pair down to155.35yen. Afterward, Nakamura, a member of the Bank of Japan's Policy Board, said, “for the time being, keeping the current policy is appropriate,” and Governor Ueda’s remark that “the actual inflation outlook is still a little short of reaching 2%” conveyed a dovish tone, sending USD/JPY up to2%? No, to156.13yen. In European hours, USD/JPY rose further as yen selling was driven by lower Japanese long-term yields, climbing to156.37yen.In New Yorktime,ECBcuts supported European stocks, and the dollar yen moved into risk-on territory, rising to156.44yen. Thereafter, in position adjustments ahead of the U.S. May non-farm payrolls on6/7, the pair weakened to55? No, to155.47yen.