In the Tokyo foreign exchange market on the 10th, the end of the consecutive holidays, the yen appreciated by more than 2 yen from the end of last week as the sense of caution about the prolonged interest rate hike in the United States eased.
U.S. employment data released at the end of last week suggested that inflation, driven by rising wages, would be contained, and investors were less cautious about prolonged interest rate hikes in the U.S.
As a result, in the foreign exchange market, the movement to sell the dollar and buy the yen strengthened, and the yen has appreciated by more than 2 yen since last weekend.
The yen exchange rate at 5:00 pm was 132.22 to 23.00 yen to the dollar, an increase of 2.0 yen against the dollar compared to last weekend.
Against the euro, the exchange rate fell by 77 sen from last weekend to 141.89 to 93 sen to 1 euro.
The euro was 1 euro = 1.0731 to 33 dollars against the dollar.
A market insider said, ``The consumer price index for last month in the 23 wards of Tokyo, which was released today, exceeded market expectations, and some investors are speculating about future policy revisions over the Bank of Japan's monetary easing measures. The U.S. consumer price index is scheduled to be released this week, and trends in prices and monetary policy in Japan and the U.S. continue to attract attention." increase.