USD/JPY, after Nippon Keizai Shimbun's interview with Bank of Japan Governor Ueda, at 149.46 yen.

【11/29Market Overview

During Tokyo time,11month Tokyo metropolitan area consumer price index (CPI) excluding fresh food for the overall index exceeded both the previous value and forecasts, raising expectations for an additional rate hike by the Bank of Japan, and the dollar/yen fell first. Along with the rise in Japan's long-term yields, the dollar/yen dropped to as low as149.86yen. After some buying back following a rundown, the decline extended to149.76yen due to the decline in U.S. 10-year treasury yields in after-hours. During European trading, the dollar/yen moved in a narrow range around150yen.In New Yorktime, with the U.S. Thanksgiving holiday the following day leading to shortened trading in U.S. bonds, equities, and commodities, participants were sparse, and the dollar/yen stayed clustered around150yen for a while. However, after 2 a.m., when the Nikkei newspaper electronic edition reported an interview with Bank of Japan Governor Haruhiko Kuroda, broad yen buying led the market. In the interview, Kuroda commented to the paper that “(the timing of additional rate hikes) can be said to be closer if data is progressing as expected,” and that “if inflation rises beyond 2%, further yen depreciation could become a risk for the BOJ, potentially requiring action.” With expectations for additional BOJ rate hikes rising, the dollar/yen fell to149.46yen.