{
  "id": 6217533,
  "title": "Yen reclaims ¥154 to the dollar and continues to rally",
  "url": "https://urgent.news/2026/09/08/yen-reclaims-154-to-the-dollar-and-continues-to-rally",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-08T02:10:00.000Z",
  "source": {
    "name": "Japan Times",
    "slug": "japan-times",
    "url": "https://www.japantimes.co.jp/business/2026/09/08/markets/yen-153/"
  },
  "original_language": "en",
  "account": "The Japanese yen resumed its upward trend on Tuesday morning, reaching ¥154 to the dollar in early Asian trading and surpassing ¥153 three hours later. Analysts are attributing the recent gains to a belief that Japan may adopt a more decisive approach to halt the currency's decline following pressure from the United States. The yen's strength is the highest it has been since February 17. The U.S. market was closed for Labor Day on Monday, leaving investors and traders anticipating the Bank of Japan to adopt a more aggressive stance. Market data indicates a 99% probability of a Bank of Japan rate increase next week, with expectations growing that the central bank will raise rates twice by year-end. As the yen crossed the ¥155 mark, some analysts are considering the trend may have peaked, suggesting the yen's decline has been halted and the currency will remain relatively strong. Prior to the intervention by the United States and Japan, the yen's future looked bleak, and it quickly regained much of the ground lost from the massive yen-buying operation. In late July, the currency traded at nearly ¥164 to the dollar, a level not seen in 40 years, before Japan and the U.S. intervened and pushed the yen to around ¥155 to the dollar. The currency then fell back to about ¥160 to the dollar before the current rally began in early September.",
  "summary": "Japan's currency has not been this strong since February.",
  "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."
}