The Japanese yen is poised to achieve its most significant weekly increase since November 2024, driven by expectations of a tighter monetary policy from the Bank of Japan. This anticipated shift in policy comes amid recent enhancements in Japan’s export sector, which have bolstered the yen’s rise. Additionally, fluctuations in the U.S. dollar value due to economic policies have further influenced yen volatility, adding another layer to the current financial dynamics.
Japanese yen poised for largest weekly gain since November 2024: Bloomberg
