June 06, 2026
Yen hits 160, testing intervention tolerance
A major holiday period is expected to influence trading activity in coming days
The yen flirted with the crucial 160 per dollar level as nervous investors took stock of the escalating Iran war
'Buy Japan' momentum intact but GDP miss highlights challenges
The Japanese yen was one of the few currencies that failed to capitalise on the weak dollar in 2025
Nikkei climbs over 1%, Wall St futures edge ahead
Markets look for catalysts from key central bank decisions
Investors bet on US rate cut this month as yen perks up on hopes of rate hike