Yen exchange rate rise Concern about future outlook due to US-China trade friction Aug 6 at 8:42
The Tokyo foreign exchange market and the yen exchange rate on the 6th have risen to the middle of the 105 dollar range.
Concerns that the US-China trade friction will intensify following the announcement by the US Treasury that China has been recognized as a "currency-manipulating country" that deliberately guides the currency at low prices, and concerns about the future of the global economy will intensify. As the market spreads, there are moves to buy yen, which is considered a relatively safe asset.
A market official said, “The US Treasury recognizes China as a currency manipulation country, and the view that the conflict between the United States and China will be prolonged will spread among investors, and yen that is considered a relatively safe asset will be bought. Talking. "