Three changes in the environment of the dollar/yen exchange rate
I have already written this, but I will organize it again.
References
What changed at the May 4 FOMC
FRB Monetary Policy Goals
The background that has pushed up USD/JPY is
(!) Tightening due to U.S. inflation, and the rise in medium-to-long-term interest rates that preceded the Fed funds rate.
(2) Increased imports to Japan due to rising crude oil and other commodity prices (increased demand for dollars)
Therefore, what to pay attention to is
× ![]()