In the Tokyo foreign exchange market on the 12th, the beginning of the week, the difference in the direction of monetary policy between Japan and Europe was conscious, and the yen exchange rate temporarily fell to the upper 145 yen level to 1 euro, the first time in about 7 years and 9 months. The yen was at a depreciating level.
In the Tokyo foreign exchange market on the 12th, there was a strong awareness of the difference in the direction of monetary policy between Japan and Europe following the European Central Bank's massive interest rate hike of 0.75% last week, three times the normal rate. Since December 2014, for the first time in about seven years and nine months since December 2014, the yen has temporarily dropped to the upper 145 yen level against the euro.
The yen exchange rate as of 5:00 pm was 1.55 yen compared to last weekend, and the yen depreciated against the euro at 145.26 yen to 1 euro to 30 yen.
Against the dollar, it was 41 sen compared to last weekend, and the yen depreciated against the dollar at 142.76 to 78 sen.
Also, the euro was 1 euro = 1.0175 to 77 dollars against the dollar.
A market insider said, "Europe is becoming more wary of rising energy prices and further inflation due to concerns that the supply of natural gas from Russia may be further restricted. However, the yen is likely to be sold against both the euro and the dollar, as it is strongly aware of the difference in direction from the monetary policy of the Bank of Japan, which continues to aggressively raise interest rates and continue large-scale monetary easing. I'm talking to