News

16 Dec 2025

The yen extends its gains to a two-week high thanks to Japanese interest rates

The Japanese yen rose in Asian trading on Tuesday against a basket of major and minor currencies, extending its gains for the second consecutive day against the US dollar and reaching a two-week high. This rise was driven by weakness in the US currency ahead of the release of the monthly US jobs report.

The dollar fell 0.35% against the yen to 154.70, its lowest level since December 5, from an opening price of 155.21. The yen reached a high of 155.24.

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