London foreign exchange market 1 euro = the 114 yen high-half level Yen appreciation level for the first time in 3 years May 6 19:09
In the foreign exchange market on the 6th, sales of euros accelerated, and the yen exchange rate rose to the 1st half of the 114 yen level, which is the first strong yen in three years.
In the London foreign exchange market on the 6th, the movement of selling the euro accelerated as the German Federal Constitutional Court the day before decided that there was an unconstitutional part regarding the quantitative easing measures of the European Central Bank, which is responsible for monetary policy in the euro area. I am.
For this reason, the yen exchange rate has risen to the upper half of the 114 yen level for the first time in 3 years since April 2017.
At the court's discretion, the European Central Bank said, "We will continue to implement all necessary policies." However, market officials said, "The European Central Bank may become difficult to operate in the future. Feels uncertain in the Eurozone, and there is growing concern about the economic outlook. "