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FX Outlook: Focus on March BOJ Tankan and Other Economic Indicators

Tue Mar 31, 2026 5:36 pm JST Currency

The dollar-yen exchange rate in the foreign exchange market from tonight through tomorrow is expected to focus on the March BOJ Tankan survey and other economic indicators. The expected range is \159.20 to \160.20 per dollar.

While the market continues to monitor the situation in Iran, the dollar-yen pair faces heavy resistance above the \160 level due to concerns over potential foreign exchange intervention by the government and the Bank of Japan. Against this backdrop, economic indicators from Japan and the U.S. are likely to draw attention. Tonight will see the release of U.S. JOLTS job openings for February and the U.S. consumer confidence index for March. Tomorrow, the March BOJ Tankan survey will be released. The diffusion index (DI) for large manufacturers is expected to improve to 16 from 15 in December.

Source: MINKABU PRESS

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