In the foreign exchange market on the 2nd, the yen exchange rate rose to the 133 yen level to the dollar before 6:00 pm.


It will be the first time in three and a half months since August this year that it will be in the 133 yen range.

The view that the US economy will further slow down in the future, and the FRB = Federal Reserve Board will slow down the pace of a significant interest rate hike has strengthened, and the yen has gradually appreciated. I put on the 133 yen level for the first time in a month and a half.



The yen exchange rate in the Tokyo market at 5:00 pm was 1.88 yen compared to the 1st, and the yen strengthened against the dollar to 134.64 yen to 134.66 yen.



In addition, against the euro, compared to the 1st, it was 25 sen, and 1 euro = 141.77 to 81 sen, with the yen strengthening and the euro depreciating.



The euro was 1 euro = 1.0529 to 30 dollars against the dollar.



A market insider said, "Fed Chairman Jerome Powell's speech on the 30th of last month suggested that the pace of interest rate hikes would slow down, creating a situation where the dollar is easy to sell. The market is trying to ascertain the current state of the US economy. Attention is increasing to the U.S. employment statistics that will be released tonight in Japan time."