The yen exchange rate in the Tokyo foreign exchange market on the 10th was a modest price movement as aggressive transactions were refrained from trying to identify the indicators related to US prices announced on the night of the 10th of Japan time.
The yen exchange rate as of 5 pm was JPY 115.59 to JPY 60, which is 19 yen weaker and the dollar stronger than on the 9th.
In addition, against the euro, the yen depreciated by 46 yen compared to the 9th, and the euro was 1 euro = 132.11 yen to 15 yen.
The euro was 1 euro = 1.1429 to 30 dollars against the dollar.
Market officials refrained from aggressive trading, saying, "While price trends are the focus in determining the pace of US rate hikes, we want to see what the US consumer price index will be released tonight, Japan time. There were many investors. "
In addition, in the Tokyo bond market on the 10th, there was a sense of caution that the US interest rate hike might be strengthened depending on the contents of the consumer price index, and the movement to sell Japanese government bonds became stronger.
Yields on 10-year government bonds, which are a representative indicator of Japan's long-term interest rates, rose from 0.205% on the evening of the 9th to 0.23% at one point, and have been around 6 since January 22, 2016. It was the highest level in a month.