Yesterday the USDJPY temporarily exceeded 154 yen around GMT 02:00, but then fell back, touching a low of 153.40 yen around GMT 05:30. It subsequently rose again, reaching a high of 154.92 yen around GMT 17:30, and trading for the day ended at 154.60 yen.

Today, the USDJPY continued its upward movement from last night, testing the 155 level and reaching a high of 154.93 yen around GMT 01:00, but failed to advance further. As of GMT 04:00, it remains range-bound in the upper 154 range.

Looking at the 1-hour chart of the USDJPY (as of GMT 04:00, November 13), the price is moving between +2 and +1 standard deviations with reduced momentum, though the middle line maintains its upward slope. A breakthrough above the critical 155 level could accelerate the upward trend.

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

The main economic indicators for today are as follows:

• GMT 13:30 U.S. October Consumer Price Index (CPI)
• GMT 13:30 U.S. October Consumer Price Index (Core CPI)
• GMT 19:00 U.S. October Monthly Budget Statement