In the New York foreign exchange market on the 8th, there was a move to buy dollars and sell yen in response to the rise in long-term interest rates from the view that monetary tightening will accelerate in the United States, and the yen exchange rate is temporarily 1 dollar = 124 yen The price dropped to the latter half of the table.
On the 8th, the New York foreign exchange market started to buy dollars and sell yen, and the yen exchange rate temporarily dropped to the upper 124 yen level per dollar.
From the perspective that monetary tightening will accelerate in the background of the depreciation of the yen and the appreciation of the dollar There has been a move to buy.
Market officials said, "In the bond market, there is a strong view that long-term interest rates in the United States will rise further, and the situation where the dollar is easy to buy is likely to continue."