{
  "id": 3044746,
  "title": "Japanese Yen slips as US Dollar stabilizes, US PCE in focus",
  "url": "https://urgent.news/2026/08/24/japanese-yen-slips-as-us-dollar-stabilizes-us-pce-in-focus",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T14:51:35.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/japanese-yen-slips-as-us-dollar-stabilizes-us-pce-in-focus-202608241451"
  },
  "original_language": "en",
  "account": "The Japanese Yen experienced a slight decline as the US Dollar steadied on Monday, following last week's market turbulence. Geopolitical tensions resurfaced with the U.S. set to expand secondary sanctions against Iran. The pair was trading near 159.13, bouncing back from a low of 158.55. Hawkish Bank of Japan (BoJ) forecasts provided limited support, while fiscal anxieties remained the driving force in the market. The BoJ is expected to raise interest rates in September. Recent inflation data has backed the case for higher rates. Strategists at Scotiabank believe the market narrative is shifting from the official intervention that dominated the summer to a focus on fundamentals ahead of the BoJ meeting on September 18. The crucial aspect for the BoJ is its communication, as the Bank's tone of managing expectations for the rate path into the year-end and early 2027 poses the greatest risk. Meanwhile, the US Dollar stabilized after the U.S. Treasury expanded liquidity-support buybacks for longer-dated government bonds, reigniting concerns about the U.S. fiscal outlook and rising debt. The Greenback's value against a basket of six major currencies hovered around 98.95 on Monday, attempting to reclaim the 99.00 psychological level. Traders will closely watch the US Personal Consumption Expenditures (PCE) Price Index on Wednesday for insights into the Federal Reserve's (Fed) September decision. A softer inflation reading might bolster expectations of the Fed leaving interest rates unchanged next month, prompting attention to Fed Chair Kevin Warsh's Jackson Hole speech on Friday.",
  "summary": "USD/JPY edges higher on Monday as the US Dollar (USD) finds some stability following last week’s sharp volatility, with geopolitical developments back in focus as the United States prepares to widen secondary sanctions against Iran.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Swiss Franc eases as US Dollar stabilizes after last week’s sell-off",
        "url": "https://urgent.news/2026/08/24/swiss-franc-eases-as-us-dollar-stabilizes-after-last-weeks-sell-off",
        "published": "2026-08-24T18:14:12.000Z"
      }
    ]
  },
  "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."
}