The movement of the dollar to yen
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・A rewind of carry trade from the depreciation of the Mexican peso against the backdrop of Trump trades, the Mexican economic slowdown, etc.
・A rewind of carry trade due to position adjustments before the summer vacation season
・Motegi and Kono's remarks inducing appreciation of the yen
・Bank of Japan early interest rate hike observation, increasing possibility that US interest rate will be cut
・The yen appreciated above the 155 yen support level
Thinking about it this way, I don't know how far the yen will continue to appreciate until the Japan-US monetary policy meeting at the end of the month. The lower price of the Mexican peso seems to be 18.8 for the time being, so is it still going to fall by about 2%? If it's yen to dollars, it's about 150 yen less. Japanese companies that assume exchange rates are in the 140 yen range are still at a level where there is a buffer for performance. Maybe it's a good buy by looking at the exchange rate. If the yen continues to appreciate, business confidence in Japan will not be able to keep up.
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p1034 : I thought 150 yen was just around the corner, but it looks like it will go soon![thinking_face 🤔](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f914.png)