In the New York foreign exchange market on the 22nd, the yen exchange rate started to sell dollars and buy yen due to concerns about economic slowdown triggered by economic indicators showing business sentiment of American companies falling below market expectations. At one point, the price rose to the mid-135 yen level for the first time in about two weeks.
In the New York foreign exchange market on the 22nd, concerns about the economic slowdown in the United States spread as the economic indicators released on the day, which show the business sentiment of American corporate buyers, fell short of market expectations. I did.
US government bonds were bought in the bond market, and long-term interest rates temporarily dropped to the 2.7% level, so there was a move to sell dollars and buy yen, and the yen exchange rate temporarily fell to 1 dollar for the first time in about 2 weeks = The price has risen to the mid-135 yen range.
In the foreign exchange market, the yen has been depreciating recently, and the yen's exchange rate fell to the 139 yen level per dollar for the first time in about 24 years last week, but the rapid depreciation of the yen has stopped for the time being.
Market officials said, "The dollar is easy to sell, partly because the economic indicators on the US economy that have been released recently have fallen below market expectations. In the market, it is the central bank of the United States. There is a lot of interest in the outcome of the monetary policy meeting of the Federal Reserve Board next week. "