US Federal Reserve Chairman avoids mentioning when he will cut interest rates at some point this year. The market is betting that interest rate cuts will be decided at the meetings to be held on the 19th and 20th of this month, and the 30th of next month and May 1st.
In the New York foreign exchange market on the 6th, there was widespread speculation that the timing of interest rate cut would not be significantly delayed. There was a growing awareness of the narrowing of the interest rate differential between Japan and the United States.