The U.S. Consumer Confidence Index forecast undershoot triggered a drop to 143.11 yen per dollar.
【9/24Market Overview
Tokyo time, Bank of Japan Governor Ueda spoke at an Osaka economic4group joint briefing meeting, saying that there is "time leeway in formulating policy." As in the press conference following the BOJ's policy meeting last weekend, he signaled a reluctance to rush into further rate hikes, and the dollar/yen rose on the bid. In European hours, the dollar/yen rose to as high as144.68yen. Afterwards, the dollar/yen gradually faded.NYtime, as the euro and pound weakened against the dollar, dollar selling also advanced against the yen. A drop in U.S. consumer sentiment index sparked a decline in the U.S. 10-year Treasury yield, and the dollar/yen fell to143.11yen.
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