Country: JP | Published: 2026-09-20
Japanese markets remain closed for a holiday, leaving the yen exposed after the Bank of Japan's rate hike to 1.25% came with guidance that left investors unconvinced about the pace
Japanese markets remain closed for a holiday, leaving the yen exposed after the Bank of Japan's rate hike to 1.25% came with guidance that left investors unconvinced about the pace of further tightening. The currency's persistent weakness despite the hike is fueling talk of possible intervention. Geopolitically, North Korea fired two suspected ballistic missiles toward the sea near Japan, though such episodes have historically shown little lasting market impact.