The yen strengthened in the foreign exchange market, with the dollar temporarily rising to the ¥155 range. The yen reached its strongest level in a month, while views are spreading that the Bank of Japan will accelerate its rate hikes.
The yen strengthened in the foreign exchange market, with the exchange rate temporarily reaching ¥155 per dollar, the yen's strongest level in a month.
The move came since the 3rd of last month, when coordinated intervention by Japan and the United States came to light, and it has been reported that the yen's strengthening trend continued.
It has been pointed out that views are spreading among market participants that the Bank of Japan will accelerate its rate hikes.