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Yen market price drops slightly

2019-11-08T02:36:44.552Z

The Tokyo foreign exchange market on the 8th and the yen exchange rate have fallen slightly against the dollar. From the perspective that US-China trade negotiations are likely to progress ...



Yen market price dropped slightly to November 8 at 11:31

The Tokyo foreign exchange market on the 8th and the yen exchange rate have fallen slightly against the dollar. From the perspective that US-China trade negotiations are likely to progress, there is a movement to sell yen, which is considered a relatively safe asset.

Market officials said, “The Chinese government has agreed with the US side on gradual tariff reductions over the US-China trade negotiations on the 7th. There are also moves to sell the yen, and interest rates have risen in the US bond market, and there have been moves to buy dollars. "

Source: nhk

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