Tomorrow’s FX Market Outlook: Will Yen Appreciation Push Dollar/Yen into the ¥157 Range?

In the foreign exchange market from tonight through tomorrow, USD/JPY is expected to show movement toward the 157 yen level. The forecast range is estimated at ¥157.50–¥158.60.

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The story

Attention is focused on whether USD/JPY will move into the 157 yen level from tonight through tomorrow, with the forecast range expected to be ¥157.50–¥158.60 per dollar.

The market is focused on the release of the US September Consumer Price Index (CPI), and movement toward the 157 yen level is expected to remain in focus through tomorrow. US September existing home sales are also scheduled for release tonight.

Richmond Fed President Thomas Barkin, Boston Fed President Susan Collins and others are also scheduled to speak, and their comments are expected to draw attention.

At a glance

USD/JPY trendMovement toward the 157 yen level observed

Expected rangeEstimated at approximately ¥157.50–¥158.60

Key factorThe release of the US September CPI is drawing attention

Date and timeUS September existing home sales scheduled for release

Comments from officialsRichmond Fed President Barkin and others are scheduled to speak

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Reference information generated from public sources. It does not solicit or advise on investments. Prices are 15-minute delayed.