In the New York foreign exchange market on the 14th of the week, the yen exchange rate is temporarily 1 due to the fact that interest rates are expected to rise this week in the United States and long-term interest rates are rising, and there is a movement to sell yen and buy dollars against the backdrop of the situation in Ukraine. The dollar has fallen to the depreciation level for the first time in about 5 years and 2 months with the first half of the 118 yen level.
In the New York bond market on the 14th, the Fed, the central bank of the United States, is expected to raise the policy interest rate at a meeting to be held from the 15th, and there is a move to sell US government bonds. The long-term interest rate has risen to the 2.1% level for the first time in about 2 years and 8 months.
In the New York foreign exchange market, against the backdrop of rising long-term interest rates and the situation in Ukraine, there was a movement to sell the yen and buy the dollar, and the yen exchange rate temporarily hit the low 118 yen level for about 5 years and 2 months. The yen has fallen to a high level for the first time in a weak yen.
In the New York crude oil market, the WTI futures price, which is an international index, will temporarily rise to the $ 99 level per barrel due to the observation that the demand for crude oil will decline due to the spread of the new coronavirus infection in China. The recent upward trend has been stopped, such as a decline.
Market officials said, "If Russia's invasion of Ukraine is prolonged, inflation will accelerate in the United States and the pace of rate hikes will accelerate, and the yen will continue to weaken and the dollar will continue to rise for the time being. I'm talking. "