In the New York foreign exchange market on the 24th, there was a mix of buying and selling of the yen amid speculation that the government and the Bank of Japan were repeatedly intervening in the market. increase.
In the New York foreign exchange market on the 24th, after the yen exchange rate approached 150 yen to the dollar in the Tokyo market, it rose sharply to the lower 145 yen range for a while, so there is a view that the government and the Bank of Japan are repeatedly intervening in the market. , and there is a mix of buying and selling of the yen due to a sense of caution against intervention.
As a result, the yen exchange rate, which had temporarily dropped to the mid-149 yen level to the dollar in the London market, has risen somewhat and is trading at a level of 149 yen to the dollar.
The Fed = Federal Reserve Board, which is the central bank of the United States, is scheduled to meet next week to decide monetary policy, and a significant interest rate hike is expected to suppress record inflation.
There is growing speculation in the market that the yen will continue to depreciate as interest rate differentials between Japan and the United States widen.
A market insider said, "There is a nervous price movement due to awareness of intervention. The market's attention is focused on the pace of future interest rate hikes in the United States, and the outcome of the Fed's meeting next week is likely to affect the yen exchange rate." I'm talking to