【Today's yen exchange rate outlook】The dollar-yen is mainly moving around 147 yen, with concerns about further deterioration in the Middle East situation also restraining the selling of yen.

[Foreign Exchange Market Opening Comment] On the 3rd, the dollar-yen rose from 146.29 yen to 147.24 yen in the Tokyo market. In the European and American markets, it rebounded from 146.40 yen to 147.18 yen, closing at 146.95 yen. Will the dollar-yen mainly move around 147 yen on the 4th today? Further deterioration of the Middle East situation is being cautioned, and there may be a suppression of risk appetite-based yen selling. The Institute for Supply Management (ISM) announced on October 3rd the Non-Manufacturing Business Activity Index for September, which was 8 in August.

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