NY foreign exchange market = yen temporarily soared to 157 yen in response to a slowdown in US CPI
July 12, 2024 at 6:03 AM GMT+9
In the New York foreign exchange market, there was a scene where yen temporarily soared to 157 yen against the dollar. Interest rate cut observations increased in response to the unexpected fall in the US Consumer Price Index (CPI) in June, and there were also reports that the government and the Bank of Japan implemented exchange intervention while the dollar was weakening.
The yen rose more than 2% at one point. The dollar/yen at the end of the day depreciated by 1.81% to 158.75 yen. At the beginning, 157.4 yen, which is the low since 6/17, was temporarily added.
The yen rose more than 2% at one point. The dollar/yen at the end of the day depreciated by 1.81% to 158.75 yen. At the beginning, 157.4 yen, which is the low since 6/17, was temporarily added.
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サクッとSP : There have been quite a few adjustments since the end of AprilIf I had intervened, I would have done it when there was nothing wrong with that. Mr. Kanda, last job. I have no choice but to laugh lol