Downward pressure on the yen is intensifying again in the foreign exchange market. Following reports that the BOJ decided to raise interest rates on the 18th, the market is reading a difference between Japan and the United States in their determination to fight inflation, potentially accelerating yen selling and bond selling.
Downward pressure on the yen has begun to intensify again in the foreign exchange market. There have been reports that the BOJ decided to raise interest rates on the 18th, and the market is sensing a difference between Japan and the United States in their determination to fight inflation.
Views are spreading in financial markets that yen selling will intensify, raising concern about the yen's movements. The BOJ's actions and differences in monetary policy between Japan and the United States are serving as market cues.
The effects are expected to extend to the equity and bond markets, and attention is focused on future market reactions, including developments in Japan's domestic bond market.