In the foreign exchange market in New York on the 21st, the FRB = Federal Reserve Board decided to raise the interest rate by 0.75% for the third consecutive time, and immediately after that, the interest rate differential between Japan and the United States widened, and the yen weakened. The yen exchange rate temporarily fell to the upper 144 yen level to the dollar.
However, since then, the yen has been bought back due to concerns about an economic slowdown due to interest rate hikes, and the yen exchange rate is trading at around 144 yen to the dollar.
In addition, on the New York stock market, selling orders were issued due to concerns that the economy would slow down due to the continued significant interest rate hikes, and the Dow Jones Industrial Average temporarily dropped above $400.