Yen exchange rate rise Concern about US recession August 15th 11:59
The Tokyo foreign exchange market and the yen exchange rate on the 15th have risen. Due to concerns about the US recession, investors are trying to avoid risks, and dollars are sold to buy yen.
Market participants said, “In the US bond market, long-term interest rates and short-term interest rates are reversed, and a phenomenon called“ reverse yield ”, which is said to be a sign of a recession, is relatively safe to avoid risks. There is a movement to buy the yen, which is considered to be a valuable asset, but there is also a movement to buy the dollar, and the yen has not been further strengthened in the Tokyo market. "