In the New York foreign exchange market on the 8th, the movement to sell the yen and buy the dollar became stronger, and the yen exchange rate temporarily dropped to the mid-134 yen level per dollar, renewing the yen's depreciation for the first time in about 20 years. ..
In addition, the yen exchange rate temporarily dropped to the 144 yen level per euro against the euro, and the yen depreciated to the highest level in 7 years and 5 months.
In the New York foreign exchange market on the 8th, the movement to sell the yen and buy the dollar became stronger, taking over the trend of yen depreciation and dollar appreciation in the Tokyo market and the London market, and the yen exchange rate was temporarily in the mid-134 yen range. The price has dropped to.
This is the strongest yen and dollar for the first time in 20 years and 4 months since February 2002.
Behind the depreciation of the yen, the Fed, the central bank of the United States, has shown its willingness to raise interest rates, and it is once again conscious of the widening interest rate differential with Japan, which has shown its willingness to continue large-scale monetary easing. May be.
Market officials said, "The rise in crude oil and natural gas prices and the view that yen-selling and dollar-buying to buy energy from Japan will increase also contributes to the acceleration of the yen's depreciation." ..
In addition, the yen exchange rate has temporarily dropped to the 144 yen level against the euro against the euro against the backdrop of the observation that the Central Bank of Europe will raise interest rates in July, and it has been seven years since January 2015. The yen depreciated for the first time in five months and the euro reached a high level.