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Yen appreciation widens concerns about US economic slowdown | NHK News

2019-10-02T09:40:03.438Z

The Tokyo foreign exchange market and the yen exchange rate on the 2nd rose to the upper half of the 107 yen range. This is because concerns about the US economic slowdown spread.



Yen appreciation Worry about US economic slowdown Oct. 2 18:27

The Tokyo foreign exchange market and the yen exchange rate on the 2nd rose to the upper half of the 107 yen range. This is because concerns about the US economic slowdown spread.

The yen exchange rate at 5 pm was 1 dollar = 107.67 to 68.68 yen against the dollar against the dollar as compared with 1 day.

For the euro, 1 euro = 117.57-61 yen, a 39 yen yen appreciation against the euro compared to the day.

The euro was 1 euro = 1.0919-20 dollars against the dollar.

Market officials said, “The US manufacturing statistics announced on the 1st fell below market expectations, raising concerns about the US economic slowdown among investors and selling dollars to buy yen. The market is getting a lot of attention on the upcoming non-manufacturing statistics in the US. "

Source: nhk

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