On the Tokyo foreign exchange market on the 16th, the yen exchange rate fell sharply as the movement to buy the dollar and euro and sell the yen increased due to a sense of caution that monetary tightening would continue in the United States and Europe.

On the 15th of Japan time, the Federal Reserve Board, which corresponds to the central bank of the United States, indicated that it would continue to raise interest rates next year, and the European Central Bank also emphasized its intention to continue raising interest rates despite concerns about an economic recession. did.



Awareness of the widening interest rate differential with Japan has strengthened the movement to buy the dollar and euro and sell the yen, and the yen exchange rate has fallen sharply.



A market insider said, "European and U.S. central banks have narrowed their policy interest rate hikes more than before, but it is suggested that interest rates will remain high next year, and there is a growing awareness of the widening interest rate differential with Japan." I'm here.