In the Tokyo foreign exchange market on the 2nd, the FRB = Federal Reserve Board reduced the rate hike, and the movement to sell the dollar and buy the yen strengthened, and the yen exchange rate rose by more than 1 yen.
As of 5:00 p.m., the yen exchange rate was 1.52 yen higher against the dollar than the 1st, and was 128.65 to 67.00 yen to the dollar.
In addition, against the euro, 1 euro is 141.43 yen to 47 yen, which is 20 yen higher than the 1st and the euro is lower than the 1st.
The euro was 1 euro = 1.0993 to 94 dollars against the dollar.
A market insider said, "Fed Chairman Jerome Powell has indicated at a press conference that the rate of inflation in the United States is slowing down, so the market is increasingly believing that 'a halt to interest rate hikes is imminent.' , the interest rate differential between Japan and the United States has narrowed, and the yen has moved in the direction of appreciation."
In the bond market, Japanese government bonds were sold on the speculation that the Bank of Japan might revise its monetary easing measures in the future, and the yield on 10-year government bonds, a representative indicator of long-term interest rates, rose to 0.495%. , approaching the 0.5% that the Bank of Japan sets as the upper limit of the fluctuation range.