In the Tokyo foreign exchange market on the 8th, the yen exchange rate rose.
In the Tokyo foreign exchange market, the rise in long-term interest rates in the United States raised awareness of the widening interest rate differential between Japan and the United States, and the dollar fell to the low 137 yen level at one point.
After that, when the rise in long-term interest rates in the United States came to a halt, the movement to sell the dollar and buy the yen spread.
▽The yen exchange rate as of 5:00 pm was 136.70 to 72 sen to the dollar, which is 71 sen higher than the 7th.
▽In addition, against the euro, 1 euro = 143.89 to 93 sen, a 16 sen depreciation compared to the 7th.
▽ The euro was 1 euro = 1.0526 to 27 dollars against the dollar.
A market insider said, ``The market is in a nervous state due to a mixture of speculation that the Federal Reserve's monetary tightening will be prolonged and the pace of interest rate hikes will slow down.''