In the New York foreign exchange market on the 14th, the yen exchange rate temporarily dropped to the low 139 yen level per dollar due to the observation that monetary tightening will accelerate further in the United States, but after that there was a movement to buy back the yen. ..
The yen in the New York foreign exchange market on the 14th is based on the observation that the Fed, the central bank of the United States, will decide at a meeting later this month to raise interest rates by 1%, which is four times the normal rate. The movement to sell and buy dollars intensified, and the yen exchange rate temporarily dropped to the 139.30 yen level per dollar, renewing the yen's depreciation level for the first time in about 24 years.
However, after that, the Fed's director Waller gave a lecture, saying that the 1% rate hike will be considered when indicators such as consumption announced in the future are stronger than expected, basically the same as the previous meeting 0.75 The market has seen some retreat in expectations of a 1% rate hike and buy back the yen as it has stated that it supports the% rate hike.
Market officials said, "The Fed's pace of rate hikes and its impact on the economy continue to be determined. The US retail and consumer sentiment statistics released on the 15th will be the next focus."