Yen exchange price increase Concerned about the slowdown of the world economy August 15th 9:46
The Tokyo foreign exchange market and the yen exchange rate on the 15th have risen. With concerns about the slowdown in the global economy, there are moves to sell dollars and buy yen.
Market officials said, “In the US bond market, long-term interest rates are temporarily lower than short-term interest rates, and the so-called“ reverse yield ”phenomenon, which is said to be a sign of a recession, has raised market concerns. In response, there is a move to sell dollars and euros to buy relatively safe yen. "