Japanese Yen Weakens to 9‑month Low, Hits 155 to US Dollar Amid Uncertainties

Japanese yen weakens to 9‑month low, hits 155 to US dollar amid uncertainties

Stocks and bond market slump as investors fret over expansionary fiscal plans, fading US rate-cut bets, and a China-Japan diplomatic row.

Japan’s Katayama Strengthens FX Warning as Yen Slides Past 155

Japan’s Finance Minister strengthened her warning over the yen’s slide as the currency fell past the 155-per-dollar level, as reports of a larger-than-expected economic package fuels the view that Prime Minister Sanae Takaichi’s pro-stimulus stance may slow Bank of Japan rate hikes.

Tech Slide Continues, Yen Still Lacks BoJ Signal

Global markets remain under pressure today as risk sentiment deteriorates further across regions. Europe opened firmly lower, tracking the broad declines seen earlier in Asia, while U.S. futures point to another weak session. Today’s tone is one of cautious de-risking, with markets showing little appetite to buy dips ahead of several major event risks. Technology […] The post Tech Slide Continues, Yen Still Lacks BoJ Signal appeared first on Act…

Asian Currencies Plunge Amid Federal Reserve Uncertainty As Japanese Yen Crashes To 9-month Low

BitcoinWorld Asian currencies plunge amid Federal Reserve uncertainty as Japanese yen crashes to 9-month low Asian currencies are facing intense pressure as uncertainty around Federal Reserve policy decisions creates widespread volatility across financial markets. The Japanese yen has plunged to its lowest level in nine months, sparking concerns about fiscal stability and regional economic impacts that could ripple through global markets. Why ar…

Japanese Yen weakens to near 155.00 as traders brace for return of US data

The USD/JPY pair trades in positive territory near 155.20 during the early Asian session on Tuesday.