Dollar-yen trades in a range around the 150 yen level.

【3/26Market Overview

In Tokyo time, the dollar/yen advanced on the back of gains in the Nikkei average and expectations of dollar buying by domestic real demand around the interval, as Bank of Japan Governor Ueda said in parliament that “the price of food, including rice, is expected to rise at a slower pace” in a dovish remark,150.62yen to rise. In European trading, with Ms. Junko Koeda, who was appointed as a BOJ policy board member today, saying “real interest rates are extremely low” and “underlying inflation is rising gradually,” yen buying and dollar selling led, and the dollar/yen briefly fell to150.02yen before recovering. Thereafter, buying resumed.NYtime,2month U.S. durable goods orders beat expectations and the rise in the U.S.10year Treasury yields supported, pushing the dollar/yen up to150.74yen, but gains later faded.

【3/27Market View