Kyodo News Digest: Sept. 4, 2026
6 Articles
6 Articles
On the foreign exchange market on the 3rd, the yen surged, briefly reaching the 155 yen level against the dollar. This represented a more than 4 yen appreciation of the yen against the dollar compared to 5 PM the previous day. It had been about a month since the yen reached the 155 yen level. In the United States, comments from members of the Federal Reserve Board, among others…
On the New York foreign exchange market on the 3rd, the yen surged by more than 3 yen against the dollar compared to the previous day, reaching 155.30 yen to the dollar. The prevailing sentiment was that the Bank of Japan's interest rate hike in September was a foregone conclusion, leading to selling of dollars and buying of yen as investors anticipated a narrowing of the interest rate differential between Japan and the United States.
As of 2:00 PM: 1 US dollar = 155.35 yen ~ 155.36 yen Compared to the previous day: +1.68 yen 1 euro = 180.79 yen ~
The fear of new exchange rate interventions by Japan continues at the table of international investors. On Thursday (3), the Deputy Minister of Finance of Japan, Atsushi Mimura, said he was in a state of high alert, adding that he is neither satisfied nor calm with the recent movements of the currency. Yesterday (2), the yen again expanded the gains [...]
Amidst the strengthening yen in the foreign exchange market, Finance Minister Mimura indicated that the Ministry of Finance would remain on high alert regarding currency movements. Finance Minister Mimura: "Even now, I myself am neither satisfied nor at ease. I believe I myself will continue to be on high alert." While avoiding specific comments on currency trends, Finance Minister Mimura indicated a continued cautious stance. Following these re…
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- 50% of the sources lean Left, 50% of the sources are Center
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