🚨 Japanese Yen Hits Weakest Level Since July 2024
Today Top 3 Viral Coins watch these closely
The Japanese yen just fell sharply against the US Dollar, hitting its lowest point in nearly 2 years. This comes amid reports that Prime Minister Sanae Takaichi may call a snap election, adding political uncertainty to Japan’s already fragile currency outlook.
The yen was the worst-performing G10 currency in 2025, hurt by the wide interest rate gap between the US and Japan. While the Fed keeps rates relatively high, the Bank of Japan continues its ultra-loose policy, making the dollar much more attractive to investors.
This weakness in the yen can impact US and global markets. Japanese investors may shift capital into US assets, boosting stocks like the S&P 500, Nasdaq, and Dow Jones, while hurting Japanese exporters relying on local currency strength. Traders should watch for volatility in FX, commodities, and global equities as political uncertainty merges with economic pressure.