Key Takeaway
The currency has now reached its highest level against the US and Australian dollars in six monthsGet our breaking news email, free app or daily news podcastIn the unpredictable world of global currency markets, there has been one safe bet: that the Japanese yen would continue its relentless decline. In recent weeks, that trade has started to unravel after Tokyo…
Published September 13, 2026 · Category: News
Overview
The currency has now reached its highest level against the US and Australian dollars in six months
In the unpredictable world of global currency markets, there has been one safe bet: that the Japanese yen would continue its relentless decline.
Details
In recent weeks, that trade has started to unravel after Tokyo and Washington intervened to support the longsuffering Japanese currency.
Continue reading...
Source
Originally published at www.theguardian.com.
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What is "As Japan’s yen peaks, is the era of budget-friendly trips coming to an end for Australian travellers?" about?+
The currency has now reached its highest level against the US and Australian dollars in six monthsGet our breaking news email, free app or daily news podcastIn the unpredictable world of global currency markets, there has been one safe bet: that the Japanese yen would continue its relentless decline.In recent weeks, that trade has started to unravel after Tokyo and Washington intervened to support the longsuffering Japanese currency. Continue reading...
Who reported this story?+
This story was reported by The Guardian World.