On the 29th, the yen exchange rate fell slightly in the Tokyo foreign exchange market, and the dollar was mainly in the low 136 yen range.

From the view that the pace of interest rate hikes in the United States is faster than in Europe, there was a move to buy high-yielding dollars and sell yen, and the yen weakened and the dollar strengthened.

The yen exchange rate as of 5 pm was 1 dollar = 136.2 yen to 4 yen, which is 27 yen weaker than the 28th.



On the other hand, against the euro, the yen appreciated by 65 yen and the euro depreciated from 1 euro = 143.3 yen to 7 yen compared to the 28th.



The euro was 1 euro = 1.0515 to 17 dollars against the dollar.



Market officials said, "The pace of the ECB = European Central Bank's interest rate hike is perceived as not accelerating like the United States from the lecture by President Christine Lagarde on the 28th, and there is a move to buy dollars with higher yields. The yen has weakened and the dollar has strengthened. Investors want to see the future trend of interest rate hikes in the United States. You are paying attention to what you say. "

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