The yen is in the first half of the 144 yen range against the dollar, and is high for the first time in 3 weeks due to expectations of lower US interest rates and concerns about the Middle East
Updated 2024/8/26 8:27 JST (some excerpts)
The exchange rate of yen rose to 1 dollar = 143 yen in the Tokyo Foreign Exchange Market on the 26th, and is high for the first time in 3 weeks. US Federal Reserve (FRB) Chairman Powell said the time had come to cut interest rates the weekend, and the difference in the direction of monetary policy with Japan, which is proceeding with monetary easing adjustments, is once again aware. Risk aversion, which was concerned about the worsening situation in the Middle East, is also supporting the rise in yen.
As of 8:24 a.m., the yen exchange rate is 143 yen 73 sen, which is 0.4% higher than the previous weekend against the dollar
143 yen 56 yen at 1 hour and the high price since the 5th
The exchange rate of yen rose to 1 dollar = 143 yen in the Tokyo Foreign Exchange Market on the 26th, and is high for the first time in 3 weeks. US Federal Reserve (FRB) Chairman Powell said the time had come to cut interest rates the weekend, and the difference in the direction of monetary policy with Japan, which is proceeding with monetary easing adjustments, is once again aware. Risk aversion, which was concerned about the worsening situation in the Middle East, is also supporting the rise in yen.
As of 8:24 a.m., the yen exchange rate is 143 yen 73 sen, which is 0.4% higher than the previous weekend against the dollar
143 yen 56 yen at 1 hour and the high price since the 5th
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