USD/JPY Dollar/Yen 2024: Following NHK and Nikkei Electronic Edition reports, the yen strengthens across the board

■Signs of position changes, events－July 30 (Tuesday)

・In Tokyo during the morning, the dollar strengthens. As European time approaches, the yen weakens across the board and the dollar strengthens. From European time into London fix, yen strengthens and dollar strengthens. From Europe to NY close, yen strengthens across the board and the dollar strengthens.

・Throughout the day, the dollar weakens.

・NHK: “BOJ considering additional rate hike” (midnight news), reports that the BOJ is considering an additional rate hike and that quantitative tightening will also be decided — Nikkei (electronic edition 2 a.m.) reports toward yen buying.

・Strongest against the dollar in order: yen, euro, Australian dollar, pound (based on intraday).

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■ Tokyo market spot volume (7/29)

6,034 (million dollars)

10-day moving average 5,370

Recent 10-day high 6,365 (7/25)

Recent 10-day low 4,525 (7/22)

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■ U.S. and Japan interest rates

・U.S. Treasuries fell (bullish steve)

US02yr 4.361 (-0.043)

US05yr 4.035 (-0.042)

US10yr 4.141 (-0.035)

・Japanese government bonds fell (bullish steve)

JP02yr 0.372 (-0.020)

JP05yr 0.587 (-0.012)

JP10yr 1.001 (-0.020)

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■ Current positions

7/22 – SELL @ 157.30

(LAST @ 152.69)

Break point 153.65 for continuation of decline, resistance at 154.24 on rebound

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■ Position changes 2024

7/22 – SELL @ 157.30

7/18 – BUY @ 157.37

7/17 – SELL @ 158.35

7/16 – BUY @ 158.60

7/11 – SELL @ 161.46

7/09 – BUY @ 160.80

7/05 – SELL @ 161.20

6/13 – BUY @ 156.75

6/12 – SELL @ 156.50

6/07 – BUY @ 156.10

6/06 – SELL @ 155.70

6/05 – BUY @ 155.80

6/03 – SELL @ 156.80

5/31 – BUY @ 157.25

5/30 – SELL @ 157.00

5/17 – BUY @ 155.60

5/15 – SELL @ 156.30

5/06 – BUY @ 153.40

5/01 – SELL @ 156.25

4/30 – BUY @ 156.77

4/29 – SELL @ 156.36

4/05 – BUY @ 151.63

4/04 – SELL @ 151.33

4/01 – BUY @ 151.39

3/27 – SELL @ 151.35

3/12 – BUY @ 146.90

3/05 – SELL @ 150.11

3/04 – BUY @ 150.43

2/29 – SELL @ 150.55

2/21 – BUY @ 150.16

2/20 – SELL @ 150.01

2/19 – BUY @ 150.10

2/15 – SELL @ 150.48

2/07 – BUY @ 148.03

2/06 – SELL @ 148.44

2/02 – BUY @ 146.70

1/31 – SELL @ 147.41

1/30 – BUY @ 147.60

1/29 – SELL @ 147.71

1/25 – BUY @ 147.65

1/24 – SELL @ 147.95

1/15 – BUY @ 145.11

1/12 – SELL @ 145.35

1/09 – BUY @ 144.45

1/08 – SELL @ 144.63

1/02 – BUY @ 141.50