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Yen exchange price modest price movement | NHK News

2019-08-21T02:49:58.668Z

The Tokyo foreign exchange market on the 21st and the yen exchange rate have been modest price movements.



Yen exchange modest price movement August 21 11:44

The Tokyo foreign exchange market on the 21st and the yen exchange rate have been modest price movements.

A market official said, “Although there has been a movement to buy yen, which is regarded as a safe asset, due to political turmoil in Italy, etc., there has been a movement to sell the yen and buy back dollars in response to rising US interest rates. FRB = “We are refraining from aggressive trade to see if the Federal Reserve Chairman Powell wants to mention the additional rate cuts in his talk scheduled for 23rd.”

Source: nhk

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