In the Tokyo foreign exchange market on the 29th, the yen weakened against the dollar temporarily due to the view that monetary tightening in the United States would continue, but there was a mix of selling and buying, with some buying the yen due to concerns about the future of the Chinese economy. have become.
In the morning of the Tokyo foreign exchange market on the 29th, there was a growing view that monetary tightening would continue in response to remarks by a senior FRB official in the United States, and the trend was to buy the dollar and sell the yen, but due to concerns about the future of the Chinese economy. , there was also a move to buy the yen to avoid risk, and the development was a mixture of selling and buying.
The yen exchange rate as of 5:00 pm was 3 sen compared to the 28th, and the yen strengthened against the dollar to 138.27 to 29 sen.
Against the euro, the yen has depreciated by 2 cents compared to the 28th, and the euro has risen from 143.50 yen to 143.54 yen.
The euro was 1 euro = 1.0378 to 80 dollars against the dollar.
A market insider said, ``In addition to the future of China's zero-corona policy, the market is paying attention to the speech by Fed Chairman Powell on the 1st of next month, Japan time.''