While the Japanese market was closed, the USDJPY began rising right after the opening session and reached a high of 144.44 shortly after GMT 01:00. However, it failed to reach the recent high and reversed downward.

After hitting a low of 143.16 shortly after GMT 11:00, there was some buying back. However, the momentum remained weak, and the day's trading concluded at 143.58.

Today, the USDJPY opened at 143.58 and has been gradually rising, approaching 144.00 as of just before GMT 05:00.

Looking at the 1-hour chart of the USDJPY (as of GMT 04:45 on September 24), it is targeting a high of mid-144.

Following a week packed with important interest rate-related events, this week's focus will be on Friday's release of the personal consumption expenditures index.

(20-period Bollinger Band, showing ±1 and ±2 standard deviations)

Today's main economic indicators are as follows.

• GMT 13:00 U.S. S&P/CS HPI Composite
• GMT 14:00 U.S. Consumer Confidence
• GMT 14:00 U.S. Richmond Fed Manufacturing Index