Dollar-yen is currently holding in the ¥157 range, showing resistance to further declines. The market trend could change depending on the US CPI release tonight.
Dollar-yen has continued to trade in the ¥157 range and remains resistant to further declines. The market is in a situation where attention is readily influenced by short-term surprise factors.
Views are spreading that the forex market trend could change depending on the US CPI to be released tonight, and investors are waiting for the data.
An analyst from Gaitame.com Research Institute has provided the latest commentary, introducing efforts to track FX developments through live broadcasts held at around 12:00 on weekdays.