The dollar yen fell to around 126.74 yen in the Tokyo foreign exchange market. Dollar sales intensified against major currencies. The dollar continues to be squeezed by widespread speculation that the Federal Reserve will suspend monetary tightening after the Federal Reserve raises rates to a certain level in this week’s Federal Open Market Committee (FOMC) agenda. .. It is necessary to determine the policy of US financial officials at the FOMC next month, but it is urging the dollar to sell in combination with the adjustment of the dollar’s appreciation until the first half of this month.
(Source: Minkabu)
Until April, the US dollar was strong, but in May, the direction of the US dollar is inconsistent. It is expected that buying and selling will continue to mix and the range trend will increase in the future.
