In the Tokyo foreign exchange market on the 6th, the movement to buy dollars and sell yen spread in response to the rise in long-term interest rates in the United States, and the yen exchange rate temporarily dropped to the 124 yen level per dollar.
The Tokyo foreign exchange market on the 6th bought dollars with higher yields in response to the rise in long-term interest rates in the United States from the view that the Fed, the central bank of the United States, will accelerate the tightening of monetary policy. The movement to sell yen has spread, and the price has temporarily dropped to the 124 yen level per dollar.
As of 5 pm, the yen exchange rate was from 123.88 yen to 89 yen, which is 99 yen weaker and the dollar stronger than on the 5th.
On the other hand, against the euro, the yen depreciated by 3 yen compared to the 5th, and the euro rose from 1 euro = 134.97 yen to 135.1 yen.
The euro was 1 euro = 1.0895 to 96 dollars against the dollar.
Market officials said, "While the yen continues to be easy to sell due to the rise in long-term interest rates in the United States, the long-term interest rates in Japan have also risen to 0.235%, and will the Bank of Japan take measures such as unlimited purchases of government bonds again? It's getting a lot of attention. "