In the Tokyo foreign exchange market on the 20th, the beginning of the week, the yen exchange rate rose as long-term interest rates in the United States fell and the interest rate differential between Japan and the United States narrowed.
In the foreign exchange market, over the weekend, senior officials at the Fed, the central bank of the United States, made a series of positive statements about monetary tightening. I was.
After that, long-term interest rates in the United States turned downward after a sharp rise, and the interest rate differential between Japan and the United States narrowed.
As of 5:00 p.m., the yen exchange rate was 134.4 to 134 yen to 6 yen to the dollar, which is 75 yen higher than last weekend.
Against the euro, the exchange rate rose by ¥5 to ¥143.41 to ¥45.
The euro was 1 euro = 1.0699 to 0701 dollars against the dollar.
A market insider said, "The U.S. market is closed today, and Kazuo Ueda, a candidate for the governor of the Bank of Japan, is scheduled to hear his opinion at the Diet on the 24th, so I would like to see the details. And after entering Tokyo time, the price movement became a narrow range."