Dollar/yen moves with little direction as US payrolls data approach, trading in a narrow range around 150 yen.

【12/5Market Overview

In Tokyo time, the USD/JPY rose to150.77yen, but as Bank of Japan Executive Director Nakamura, who is considered dovish, stated that “not opposed to raising rates, but should be judged based on data,” expectations for additional BOJ rate hikes increased149.70yen, and then fell. In European time, USD/JPY fell to149.65yen, after which a rebound occurred.NYtime, the USD/JPY rose on the rise in yields on the U.S.10year Treasuries to150.69yen, but when the yield on the U.S.10year Treasuries fell, it temporarily dropped to149.91yen.12/6Before the release of the U.S. employment report, it moved without a clear direction.