2023-07-12 12:45:46
In the New York foreign exchange market on the morning of the 12th, the yen temporarily rose by more than 1% once morest the dollar, reaching 138.78. The dollar weakened following June’s release of the US Consumer Price Index (CPI).
The Bloomberg Dollar Spot Index, which tracks the dollar once morest 10 major currencies, sank to its lowest level since February.
The US CPI for June announced in the morning showed the lowest growth in more than two years. It suggested the Fed’s efforts to curb price pressures were working.
US consumer price index rises 3% year-on-year in June, slower than expected (1)
It has also been pointed out that there is a move to unwind selling positions on the yen once morest the backdrop of speculation that the Bank of Japan will revise its policy in this month’s response.
Bloomberg Dollar Index 1214.28-5.86-0.48%USD/JPY¥139.27-¥1.09-0.78%EUR/USD$1.1059$0.00500.45% 9:00 ET
原題：Dollar Falls to Five-Month Low After Inflation Report; Yen Rises、Yen Advances More Than 1% Amid Unwinding of Short Positions（抜粋）
(Updated with new information)
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