The dollar/yen slipped for the first time in seven days as investors adjusted positions ahead of the Bank of Japan and the Federal Reserve policy announcements.
【12/17Market Overview
Tokyo time, the dollar/yen rose to154.34yen but then moved in a narrow range around154.00yen. In European time, the dollar/yen,FOMC(12/17-18) and the Bank of Japan's Monetary Policy Meeting (12/18-19) ahead, saw dollar selling on position adjustments.NY time,11 month U.S. retail sales excluding autos and11 month U.S. industrial production missed expectations, and the10year Treasury yield fell, pushing the dollar/yen below the previous day’s low153.31yen to153.15yen.
× ![]()