Tokyo Forex Market Yen Price Increase December 3, 11:53
The Tokyo foreign exchange market and the yen exchange rate on the 3rd are rising.
A market official said, “In addition to the fact that economic indicators related to the American manufacturing industry were below market expectations, President Trump revealed a policy of adding tariffs on steel and aluminum imported from Brazil and Argentina. “There is a growing sense of caution about the future of the US and emerging economies, and there has been a movement to sell dollars, which have been rising recently, and buy yen that is considered to be relatively risky.”