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USDJPY 157.23 Yen continues to weaken

The movement from 155.13 (6/7) is from 154.55 (6/4) to 156.48 (6/5), exceeding the parity of 157.06 with a price range of 1.93 and still continuing to rise. The calculated value of 1.618 following equality is 158.25. If it exceeds 157, it will be an adjustment increase by the buyback entity.

At the Bank of Japan meeting, there was a strong view in the market that the current policy of keeping short-term interest rates at ``0 to 0.1%'' would be continued (Current News), so there was a short-term trend toward dollar short-term interest rates. The cost remains unchanged, and the market continues to favor shorting the yen.

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