In the Tokyo foreign exchange market on the 8th, the dollar was bought due to the rise in long-term interest rates in the United States, and the yen exchange rate temporarily dropped to 104 yen per dollar.
The yen exchange rate as of 5 pm was 103.97 yen to 98 yen, which is 61 yen weaker than the 7th.
Compared to the 7th, the yen appreciated by 1 yen against the euro, which was 1 euro = 127.24 yen to 28 yen.
The euro was 1 euro = 1.2238 to 40 dollars against the dollar.
Market officials said, "From the view that the next administration of Biden in the United States has become easier to mobilize public finances with the issuance of government bonds, the long-term interest rate in the United States has risen and the movement to buy dollars has become dominant, and the yen exchange rate is temporarily 1 dollar = The price has dropped to just 104 yen. After that, there was a move to buy back the yen, but many investors wanted to see the contents of the US employment statistics released tonight at Japan time, and the price movement was limited. " I am.