USD/JPY Dollar/Yen 2024: Turned to a sell, Day 3
■Position changes and signs – September 5 (Thursday)
・ Tokyo morning: dollar strengthens. As Europe approaches: dollar weakens. From Europe time to London fix: dollar strengthens. From Europe time to NY close: dollar weakens.
・ Throughout the day: dollar weakens.
・ Sell dollars on USD/ADP and initial jobless claims slowdown, buy back at ISM. After that, revert to dollar selling.
・ In order of strength against the dollar: Pound, Euro, Yen, Australian dollar (based on intraday).
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■ U.S. and Japan bond markets
・ U.S. Treasuries: yields fall (bull flattening)
US02yr 3.741(-0.017)
US05yr 3.533(-0.016)
US10yr 3.725(-0.032)
・ Japanese government bonds: long-term yields decline (twist flattening)
JP02yr 0.376(+0.007)
JP05yr 0.503(-0.001)
JP10yr 0.875(-0.011)
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■ Current positions
9/3 – SELL@146.30
(LAST@143.44)
Rebound resistance point 143.38, return resistance 143.70
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■ Position changes in 2024
8/29 – BUY@144.65
8/23 – SELL@145.40
8/22 – BUY@145.95
8/16 – SELL@147.90
8/15 – BUY@147.05
8/13 – SELL@147.00
8/07 – BUY@145.35
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
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