The situation remained unchanged after the series of international events concluded, and the yen rebounded sharply on reports concerning President Trump's concerns. After USD/JPY briefly reached the ¥159 level, it moved below ¥157.
In addition to reports that the series of international events had ended, developments concerning relations between the United States and China and reactions from countries such as Japan and South Korea that had moved closer to the United States were reported. It was also reported that Japan's Ministry of Finance had disclosed the content of the Japan–US summit meeting.
According to reports, USD/JPY rose to the ¥159 level before the yen rebounded sharply when President Trump's concerns emerged, pushing it back below ¥157.
President Trump was reportedly strongly opposed to rate hikes, but the Federal Reserve Board (FED) remains in a situation that encourages rate hikes, prompting the view that market movements are not driven solely by the President's concerns.
No observations as of 16:00 Japan time or details of future developments were specified, and attention is focused on further reports.