USD/JPY and US 10-year Treasury yield fall, as Japan and US stock indices drop, to the early 142 yen range.
【9/10Market Overview
Tokyo time, the dollar/yen slipped to142.86yen, but as the Go-to Day (5・10-day) midpoint buy-orders were observed, it rose to as high as143.55yen. After that, as the Nikkei average faced selling pressure, the dollar/yen retreated to the early 143 yen level. In European session, with the U.S. Treasury yields rising in after-hours, the dollar/yen rose to143.71yen.In New York time, as the U.S.10-year Treasury yields fell, dollar selling led the way.In New York, on the back of declines in the Dow and the Nikkei futures, risk-off demand supported buying of the yen, and the dollar/yen fell to142.19yen.
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