Yesterday , after Bank of Japan Governor Kazuo Ueda stated shortly after GMT 04:00 that "the timing and pace of monetary easing adjustments will depend on future economic, price, and financial conditions," which was seen as continuing his dovish stance, the USDJPY reached a high of 157.34 around GMT 04:30.

Due to low market participation during the Christmas holiday, it did not continue to rise, and trading for the day closed at the higher end of the range.

Today the USDJPY touched a low of 157.07 around GMT 00:00, then rose to reach a high of 157.47 around GMT 01:30. As of GMT 04:00, it is trading in the 157.3 range.

Looking at the 1-hour chart of the USDJPY (as of GMT 04:00 on December 26), it is trading between +1 standard deviation and +2 standard deviations, exceeding the range ceiling of 157.4. With the middle line beginning to show an angle, an upward bias appears appropriate.

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

Today's main economic indicators are as follows.

• GMT 13:30 U.S. Initial jobless claims for the previous week
• GMT 13:30 U.S. Continuing jobless claims for the previous week