USD/JPY fell to 149.36 as a result of position adjustments and dollar selling/yen buying flow during long fiction (ロンフィク) complications.
【10/18Market Overview
Tokyo time, the USD/JPY fell to around 149.77 yen on selling by domestic export-focused players and profit-taking after hitting the 150 level.149yen level for profit-taking,149.77yen reached.149.59In European time, the USD/JPY fell to around 149.59 yen on some reports that the Bank of Japan has not ruled out further rate hikes,yen, but later reports said150.10yen was brought back higher as expectations for additional tightening at this month's policy meeting grew less strong.NYTime, the USD/JPY eased on the back of a decline in U.S. Treasuries yields, with flows of yen buying and dollar selling observed around the London fixing, and dollar selling due to position adjustments heading into the weekend pushing the USD/JPY briefly to149.36yen.