Eight year period of dollar and yen


■ The yen has risen due to the correction of the Bank of Japan's policy, but the dollar keeps its dollar and yen lower than the height of June
■ In June 2023, the Bank of Japan decided to make a peak of the dollar and the yen's lows and rely on the Bank of Japan's policy coordination

The exchange rate in the year 2022 can be summarized as being high in the U.S. dollar and the yen. It was unexpectedly the Bank of Japan moved into policy adjustments at the monetary policy meeting on Thursday, but the year-on-year rate of decline in the six major currencies (U. S. dollars, euro, pound, Canadian dollar, Australian dollar and NZ dollar) rose to six percent from the U.S. dollar (15 percent rise) to pound (3%), and the yen became the weakest currency. In both the September and October ratios, the market price has been declining, while the U.S. and European markets are thin in the holiday of Christmas holidays, and the volatility of the U.S. dollar is likely to increase, and the U.S. dollar is maintaining the dollar and yen lows above the high level of 121.86 yen in June 2015.

In September 1985, financial officials in five developed countries including Japan and the United States gathered for the correction of excessive U. s.dollar, and after the "Plaza Agreement," which was introduced to the cooperative action, the dollar yen was November (277 yen 65 SEN), April 1990 (160 yen 35 SEN), August 1998 (147 yen 63 yen), June 2007 (124 yen and 16 SEN), and June 2015 (125 yen and 86 SEN). It is widely known that the peak of the U.S. dollar has been the peak of the dollar. Marquette's rule, which can be observed empirically, is likely to be the peak of the dollar and June in the year 2023 after eight years from June 2015. In view of the fact that the end of the term of the Bank of Japan's Bank of Japan governor's office on April 8, 2023, the Bank of Japan will continue to focus on the direction of the Bank of Japan's policy adjustment in addition to the Federal Reserve's policy.