In the Tokyo foreign exchange market on the 5th, there was a movement to sell the dollar and buy the yen due to some speculation that the pace of monetary tightening in the United States would slow down. There was also a scene where the price rose to the latter half of the yen.
A market insider said, ``Since this week, US employment-related indicators fell below market expectations, so the pace of monetary tightening by the Fed has slowed, and the widening of the interest rate differential between Japan and the US may not progress as much as the market expected. Some people wondered if there would be a move to sell the dollar and buy the yen," he said.