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Yen Falls to High ¥157 per Dollar on Easing AI Growth Concerns

Shifts into tech-linked assets reduced worries about AI firms and put steady pressure on the yen across major trading sessions.

Overview

  • Tokyo session quotes showed the yen trading around 1 USD = ¥157.86–157.87, about ¥0.74 weaker than the previous day.
  • New York session snapshots recorded the yen near 1 USD = ¥157.74–157.84, about ¥0.31 weaker than the previous day.
  • The euro was quoted near ¥176.18–176.22 in Tokyo, reflecting a modest rise against the yen.
  • Reports attributed the moves to softer concerns about the growth prospects of AI-related companies and related buying in tech-linked assets that buoyed U.S. tech stocks.
  • The items are concise, time-stamped intraday market updates from Nishinippon with Kyodo News and do not offer deep analysis, so further BOJ action or equity flows could change the near-term path of the yen.