The dollar fell to the middle of 160 yen at 3 p.m., and was the holding adjusted before the US index

July 5, 2024 at 4:00 PM GMT+9 (some excerpts)

The dollar/yen at 3 p.m., has been traded in the middle of 160 yen due to the depreciation of the dollar/yen appreciation since the end of the Tokyo market the day before. Ahead of the announcement of US employment statistics tonight, dollar sales/yen purchases, which can be seen as holding adjustments, have intensified.
While there were few clues about the dollar after the US holiday, it depreciated from the first half of 161 yen in the morning until the afternoon. In addition to actual demand sales, it is said that the direction that has bought dollars until now “seems to have moved to sales with balance adjustments” such as profit determination (FX company officials).