USD/JPY Dollar/Yen 2024: Buy turn/shift second day

■ Position change, signs — September 18 (Wednesday)

・Tokyo morning: yen broadly firm, dollar weak. As European time approaches, yen broadly firm, dollar weak. From European time into the London fix, dollar strengthens. From European time into the NY close, yen broadly weak, dollar strong.

・Over the day, the dollar is flat.

・In order of strength against the dollar: Pound, Yen, Australian, Euro (based on intraday).

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■ US and Japanese bond markets

・US Treasuries are rising in yield (bear steepening).

US02yr 3.630(+0.023)

US05yr 3.493(+0.047)

US10yr 3.715(+0.066)

・Japanese government bonds: long-term yields rising

JP02yr 0.372(-0.006)

JP05yr 0.484(-0.004)

JP10yr 0.824(+0.004)

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■ Current positions

9/17 – BUY @ 140.66

(LAST @ 142.30)

Support at 141.31, upward continuation point at 141.85

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■ Position changes in 2024

9/10 – SELL @ 143.10

9/09 – BUY @ 143.14

9/03 – SELL @ 146.30

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