Dollar/yen rose to 150.32 yen following favorable economic indicators such as U.S. retail sales.

【10/17Market Overview

Tokyo time, the USD/JPY fell to around149.25yen amid the softening of the Nikkei, but subsequently, on the back of higher US Treasury yields in after-hours trading, rose to around149.60yen. In European hours, the USD/JPY stayed firm as European stocks, including Germany’sDAX hit record highs, and risk-on sentiment prevailed, briefly reaching149.87yen. In New York time,9month US retail sales and10month US Philadelphia Federal Reserve manufacturing index surpassed expectations, while prior week initial jobless claims came in below expectations, signaling resilience in the US economy, and with rising US yields the USD/JPY breached150.00yen. Afterward, on position adjustments, it pulled back to around149.64yen, but10月 USNAHB150.32yen, marking8月1日以来約2 months and a half high, a fresh high.