In the New York foreign exchange market on the 12th, the yen exchange rate was mainly in the low 125 yen range per dollar, and the consumer price index of the United States, which was attracting attention last month, did not greatly exceed expectations. The yen's depreciation and the dollar's appreciation have not progressed further.
The US consumer price index for March, released on the 12th, rose 8.5% from the same month of the previous year, the highest level in about 40 years, but in the New York foreign exchange market on that day. It was perceived that it did not far exceed the market expectations.
As a result, there was a movement to sell the dollar that had been bought so far, and the trend of yen depreciation and dollar appreciation did not progress further, and the yen exchange rate was mainly in the low 125 yen range. It has become.
Market officials said, "There are also observations that the rise in prices may have reached its peak, and the recent depreciation of the yen and the dollar has stopped for the time being. However, further rises in prices and finance. Many investors are wary of tightening the dollar, and the view that the yen's depreciation and the dollar's appreciation will continue for the time being is deep-rooted. "