Dollar/yen stays in a range around the 151 level.

【11/28Market Overview

During Tokyo time, talks between President-elect Trump and Mexican President Peña Nieto occurred, and it was reported that “the Mexican president agreed to stop immigration to the United States via Mexico, effectively closing the southern border,”SNScausing the Mexican peso to strengthen against the yen. The dollar/yen pair rose to151.75yen, but then steadied around the mid-151 yen level. In European trading, after reports that the additional semiconductor restrictions being considered by the U.S. administration would likely not be as stringent as previously expected, risk-on yen selling and dollar buying dominated. The dollar/yen briefly rose to151.94yen.NYtime is closed for Thanksgiving in the U.S., and the dollar/yen remained in the mid-151 yen range.