Dollar/yen falls to 152.13 yen after falling as U.S. 10-year yield declines, supported by strong U.S. economic data.

【11/8Market Overview

In Tokyo time, the USD/JPY rose to10year Treasury yields rise and the Nikkei Average climbed, lifting the pair to153.36yen, but thereafter, U.S. 10-year yields fell and the Nikkei gains narrowed, pulling the pair back to152.55yen. In European time, as U.S.10year Treasuries fell to around4.26%, yen buying and dollar selling dominated, sending USD/JPY briefly to152.13yen. In New York time, the University of Michigan consumer sentiment index exceeded expectations and U.S.10year yields declined to around4.31%, supporting the dollar index and helping USD/JPY close near152.56yen.