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The yen fell to the latter half of the 142 yen range against the dollar, and the US interest rate cut in September is viewed as 25 bps

Updated 2024/9/9 10:16 JST (some excerpts)
The yen exchange rate on the Tokyo Foreign Exchange Market fell to the latter half of the $1 = 142 yen range on the 9th. The dollar was bought back from the view that the US employment statistics for August were not bad enough to encourage drastic interest rate cuts at the US Federal Open Market Committee (FOMC) in September.
  Research Director Takuya Kanda of the Gaitame.com Research Institute pointed out that since US employment statistics were not weak enough to justify a 50 basis point (bp, 1 bp = 0.01%) interest rate cut, the dollar stopped falling once in the latter half of the 141 yen range. They talk about whether it would fit around 141-145 yen for a while.
As of 10:8 a.m., the yen exchange rate is 142 yen 69 sen, 0.3% lower than the previous weekend against the dollar
At one point, 142 yen fell to 80 yen
After receiving employment statistics and fluctuating in the overseas market on the 6th, it temporarily rose to 141 yen 78 yen, the high price since 8/5
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