Yen Near Two-Month Low as Dollar Holds in High ¥149s
Intraday swings between roughly ¥149.80 and ¥149.44 underscored persistent pressure from the U.S.–Japan rate gap.
Overview
- At about 8:40 a.m. in New York on Sept. 26, the dollar traded around ¥149.65–¥149.75, according to Kyodo.
- The yen’s slide placed it in the high-¥149 range, marking its weakest level in roughly two months in recent sessions.
- A Japan-time snapshot showed roughly ¥149.80 at 2:00 a.m., followed by ¥149.44–¥149.45 at 4:00 a.m., up ¥0.39 from the previous day.
- The euro traded near ¥174.89–¥174.92 against the yen, with EUR/USD around $1.1668–$1.1678 in New York reporting.
- Recent weeks have seen the yen weaken from the mid-¥140s toward the high-¥149s as wider U.S.–Japan yield differentials shaped positioning.