Following the U.S. CPI results, the yen-dollar rose to the 155 level briefly as concerns of a renewed U.S. inflation acceleration faded.

【1/15Market Overview

In Tokyo time, the USD/JPY fell to as low as 157.20 yen after Bank of Japan Governor Ueda said that he would judge whether to raise rates at next week's meeting, boosting expectations for an earlier rate hike. In European time, the USD/JPY, influenced by Governor Ueda's remarks and lower US 10-year Treasury yields after hours, traded below 157 yen and moved around the upper 156 yen area.157.20yen. In New York time, the 12-month US10year Treasury yield fell,157yen was breached156yen level in the late trading.NYtime,12month USCPIfor the year, rose 2.9%％from a year earlier, meeting market expectations, butCPIcore CPI rose 3.3% year over year,3.3％,3.2％ was expected. Markets interpreted this as a temporary easing of concerns about renewed US inflation, causing the US 10-year yield to pull back sharply, and USD/JPY briefly fell to10555.92