2025.04.24
2025.04.24
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Yesterday the USDJPY saw dollar buying triggered by President Trump's comments, and while it exceeded 143 yen around GMT 23:30 (on April 22), it subsequently fell back, continuing to range across the 142-yen level.
During New York hours, U.S. Treasury Secretary Scott Bessent stated that he had no intention of pursuing specific currency targets with Japan, which prompted dollar buying, and trading for the day closed at a high of 143.57 yen around GMT 20:30.
Today the USDJPY has been declining since the market opening, reaching a low of 142.60 yen shortly after GMT 02:30, and as of GMT 04:00, it is trading in the upper 142-yen range.
Looking at the 1-hour chart of the USDJPY (as of GMT 04:00 on April 24), it has reached the +2 standard deviation level and has since retreated. If it falls substantially below 142.6 yen, the trend may turn downward.
(20-period Bollinger Band, showing ±1 and ±2 standard deviations)
The main economic indicators for today are as follows:
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