{
  "id": 16570171,
  "title": "Japanese Yen: Risk aversion drives gains against US Dollar - MUFG",
  "url": "https://urgent.news/2026/10/26/japanese-yen-risk-aversion-drives-gains-against-us-dollar-mufg",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-26T07:03:12.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/japanese-yen-risk-aversion-drives-gains-against-us-dollar-mufg-202610260703"
  },
  "original_language": "en",
  "account": "From the week beginning October 18, the USD/JPY exchange rate opened at 157.79 and reached a high of 158.68 due to rising oil prices and US interest rates triggered by Middle East tensions. However, risk aversion stemming from political instability in France and declines in AI stocks forced Yen buying, bringing the rate below 157 before a slight rebound to around 157 by October 23. The Yen gained further strength from a more hawkish Bank of Japan, but the pair stalled near its monthly low of 156.50 on October 23. By the time of reporting, the USD/JPY was trading around 157. In the broader market, the euro weakened amid political concerns in France, while the Australian Dollar climbed as US bond yields fell and US Dollar recovery stalled ahead of the Federal Open Market Committee meeting. Meanwhile, gold showed a modest recovery above $4,000, and President Trump signaled no immediate military action against Iran, potentially easing crude oil price pressures.",
  "summary": "MUFG’s Teppei Ino reviews USD/JPY price action over the week, noting the pair opened near 157.79 and briefly climbed as Oil prices and US rates rose on Middle East tensions.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "VnExpress Business",
        "title": "Dollar gains over dong",
        "url": "https://urgent.news/2026/10/26/dollar-gains-over-dong",
        "published": "2026-10-26T07:39:47.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}