Although the U.S.–Russia leaders’ meeting did not end with a ceasefire, there are signs of movement toward ending the Ukraine war, so geopolitical risk is calm for now.
In the Tokyo market, risk-on sentiment pushed the Nikkei stock index to a record high, leading to yen selling.
In the New York market, U.S. long-term interest rates rose slightly, and the dollar–yen moved up to 147.98, close to last weekend’s high of 147.96. However, it did not reach 148 and closed lower.
Today, there are no major economic reports, so short-term trading is expected to dominate.
Even if the price moves up or down, it is likely to return to the starting point because of position adjustments.
Dollar–Yen forecast range: 147.00 – 148.20 yen
Note: This information does not guarantee profits. Please make your own decisions when trading.