Buy U.S. Treasuries with speculation and sell with facts!

9/19 FOMC(Federal Open Market Committee) on,despite a rate cut of 0.5% exceeding market expectations0.5%, U.S. long-term yields reversed and rose, and the dollar/yen rate briefly fell to the mid-140s140yen range, then sharply rallied to the mid-142s142yen range. From today, with the Bank of Japan(below, the BOJ) policy meeting in view, we will explain the direction of the dollar-yen exchange rate due to differences in the direction of U.S. and Japanese monetary policies.