[Market Overview] Foreign exchange: The dollar rose to just above 150 yen in the morning due to comments from Bank of Japan Governor Ueda.February 21, 2025, 12:10 PM GMT+9.
The dollar rose to just above 150 yen in the morning due to comments from Bank of Japan Governor Ueda.
The dollar is rising to just above 150 yen in the morning, up from the levels in the early morning. Bank of Japan Governor Kazuo Ueda stated that in exceptional circumstances of a sharp rise in long-term interest rates, he would consider increasing government bond purchases, which accelerated the buying of dollars and selling of yen.
The Governor of the Bank of Japan stated that if long-term Gold rates rise sharply, the purchasing of government bonds will be increased flexibly.February 21, 2025, 11:19 JST (excerpt).
It is fundamentally determined by the market, and careful observation of the market will help determine the situation.
The continuation of a accommodative financial environment is maintained to support economic activities.
If long-term interest rates rise sharply, measures such as an increase in government bond purchases will be implemented flexibly, said the Bank of Japan Governor.February 21, 2025, 11:20 AM GMT+9 (excerpt)
On the 21st, Bank of Japan Governor Kazuo Ueda stated in the House of Representatives Budget Committee that if an "exceptional situation" arises where long-term interest rates rise sharply, measures such as increasing government bond purchases will be implemented flexibly. However, the criteria for triggering such flexible responses were not clarified, and it remains to be seen whether long-term interest rates are being formed stably...

$USD/JPY (USDJPY.FX)$ Let's break below 150 yen! I'm glad I didn't take all my profits. The unrealized gains are increasing.

$USD/JPY (USDJPY.FX)$
What do you think will happen to the yen, will it strengthen or weaken from next week onward?

$USD/JPY (USDJPY.FX)$ Sell yen, sell dollars.

$USD/JPY (USDJPY.FX)$ The yen is falling in all markets, so it is safe to continue selling yen.
Worthless Japanese yen.

$USD/JPY (USDJPY.FX)$
You fool👩

$USD/JPY (USDJPY.FX)$
Many people seem to have been burned by the early shorting due to the Bank of Japan's interest rate hike. 😇

$CBOE Volatility S&P 500 Index (.VIX.US)$ Please close the market early. The USD/JPY rate is too dangerous.

If Mr. Trump wins the US presidential election, it is doubtful that there will be a yen depreciation and a rise in stocks - a reproduction of the rally in 2016.
November 5, 2024 9:58 JST (excerpt)
Corporate tax cuts and deregulation are a positive for Trump trade, with concerns about tariffs.
If Ms. Harris wins, there is a possibility of yen appreciation, with increased volatility due to confusion in the results.
If former President Trump of the Republican Party wins the US presidential election on the 5th, the initial reaction in Japan's financial markets is expected to be buying the dollar and selling the yen, buying stocks, while if Vice President Harris of the Democratic Party wins, yen buying is expected to increase.
However, since the impact on the market can change significantly depending on the results of the congressional elections, many scenarios are possible, and if confusion spreads over the election results themselves, there is also a risk of increased volatility in the market.
Summarizing the views of market participants, if Mr. Trump wins, his advocated corporate tax cuts and deregulation are expected to boost the economy and corporate profits, with an expected strengthening of dollar buying in the foreign exchange markets. At the same time, there is a possibility of an increase in the stock prices of companies with significant exposure to the USA in the stock market, such as the automobile and electronics export sectors.