Tomorrow's Japanese and US foreign exchange markets are expected to remain range-bound ahead of the FOMC, with the dollar-yen rate expected to trade between ¥154.50 and ¥155.60 after briefly rising to around ¥155.20 in European trading.
The dollar-yen rate in the foreign exchange market from tonight through tomorrow is expected to remain driven by market attention to the Federal Open Market Committee (FOMC). The expected range is ¥154.50 to ¥155.60 per dollar.
Against the backdrop of rising US long-term interest rates, the dollar-yen rate briefly rose to around ¥155.20 during European trading. Although the upside has become increasingly limited, the pair is expected to trade around ¥155 again.