Yen exchange rate drop US dollar-China move from expectations of trade negotiations between the US and October 18:16
In the Tokyo foreign exchange market on the 11th, the yen fell due to the move to buy dollars in anticipation of progress in trade negotiations between the United States and China.
The yen exchange rate at 5:00 pm was 92 yen from 107.91 yen to 1 dollar of 51 yen yen weaker than the 10th.
Compared to the 10th, the euro was weaker by 51 yen against the euro, 1 euro = 118.82 yen to 86 yen.
The euro was 1 dollar = 1.1011 to 1.1102 against the dollar.
Market officials said that President Trump's resumption of trade negotiations between Washington and the United States said President Negotiations were “successful,” which expanded expectations for the progress of the negotiations and started to buy dollars. Investor attention has been drawn to the results of a meeting between President Trump and Deputy Prime Minister Liu Tsuru scheduled tonight.