The video presents a move to test ¥160 as the base case for dollar-yen. It identifies ¥158.51 as the first hurdle, saying that the rate must not only break above it but also remain there. US CPI, PPI and retail sales are scheduled for release next week, and the video also mentions the possibility of intervention.
A video covering the outlook for dollar-yen presents a move toward ¥160 as the base case. It identifies ¥158.51 as the first hurdle, saying that it will be important not only to break above this level but also to remain above it.
Key events next week include the release of US CPI on the 14th and PPI and retail sales on the 15th, with the release time given as 21:30 JST. The previous Friday's New York close was ¥158.31, and the possibility of intervention was also mentioned.