{
  "id": 18355101,
  "title": "Japanese Yen outperforms as US tech rout and hawkish BoJ minutes lift demand",
  "url": "https://urgent.news/2026/11/05/japanese-yen-outperforms-as-us-tech-rout-and-hawkish-boj-minutes-lift",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-05T17:49:27.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/japanese-yen-outperforms-as-us-tech-rout-and-hawkish-boj-minutes-lift-demand-202611051749"
  },
  "original_language": "en",
  "account": "Japanese Yen outperforms major currencies on Thursday, amid a sharp sell-off in US equities and hawkish remarks from Federal Reserve officials. The US Dollar slips back into negative territory, adding pressure on USD/JPY, which trades around 157.70, down 0.47% for the day. The Nasdaq slides more than 5%, while the Dow loses around 3%. Investors seek safety in the Japanese Yen due to concerns over potential tightening of AI and data centre expansion scrutiny by a Democratic-controlled Congress. Meanwhile, the US 10-year Treasury yield falls 6 basis points to 4.83%, while the US Dollar Index (DXY) trades around 101.43. Comments from Cleveland Fed President Beth Hammack and Richmond Fed President Thomas Barkin highlight the Fed's need for a restrictive stance to combat high inflation.",
  "summary": "The Japanese Yen (JPY) outperforms all its major peers on Thursday as traders seek safety in the currency amid a sharp sell-off in US equities led by technology and chip shares. The US Dollar (USD) also gives up earlier gains and slips back into negative territory, adding pressure on USD/JPY.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}