In the Tokyo foreign exchange market on the 17th, there was a move to sell the dollar and buy the yen due to the view that the pace of the interest rate hike in the United States would slow down, and the yen exchange rate rose slightly.
As of 5:00 p.m., the yen was 5 yen higher against the dollar than on the 16th, at 139.32 to 33 yen to the dollar.
Against the euro, compared to the 16th, the yen appreciated against the euro by 19 sen to 1 euro = 144.79 to 83 sen.
The euro was 1 euro = 1.0392 to 93 dollars against the dollar.
A market official said, ``There is a move to sell the dollar and buy the yen from the view that the record inflation in the United States will be suppressed in the future and the pace of interest rate hikes will slow down. However, we are paying attention to what kind of remarks he will make about trends in the US economy and monetary policy."