Yen market price drop August 14th 12:20

The Tokyo foreign exchange market on the 14th and the yen exchange rate have dropped.

A market official said, “The US announced that it would postpone some daily necessities due to additional tariffs on China, and the dollar was bought for a while because it was expected to be positive for the US economy. `` There are also moves to buy relatively safe yen from the viewpoint that statistics on retail and production in China will be less than market expectations and have a negative impact on the global economy. '' .