The Tokyo foreign exchange market on the 7th fell due to a move to sell the yen, which is considered to be a relatively safe asset, and buy the dollar, as the sense of caution about Omicron stocks has eased somewhat.

The yen exchange rate as of 5 pm was JPY 113.63 to JPY 65, which is 49 yen weaker and the dollar stronger than on the 6th.

With respect to the euro, the yen depreciated by 71 yen compared to the 6th, and the euro rose from 1 euro = 128.28 yen to 32 yen.

The euro was 1 euro = 1.1289 to 90 dollars against the dollar.

Market officials said, "The alertness to the new mutant virus Omicron strain has eased somewhat, investors have become more risk-taking, the yen, which is regarded as a relatively safe asset, has been sold, and the movement to buy the dollar has spread. The long-term interest rates in the United States, which had been on a downward trend recently, also turned upward, and the awareness of the widening interest rate differential between Japan and the United States was also a factor. "