Against the backdrop of reduced expectations for U.S. interest-rate hikes, the foreign-exchange market saw the dollar-yen pair temporarily weaken to near ¥157.70.
According to the foreign-exchange summary, reduced expectations for U.S. interest-rate hikes came into focus, and the dollar-yen pair temporarily fell to near ¥157.70. Market participants believe that the decline in expectations for higher U.S. interest rates had an impact. Factors affecting the market include trends in U.S. economic indicators and a reassessment of the interest-rate outlook.