TREE NEWS reports: The dollar rose 0.44% against the yen to 156.67 in late New York trading on Friday, September 18, capping a weekly gain of 1.99% with a range of 153.38-158.05. The euro added 1.08% on the week to 180 yen and sterling gained 1.03% to 209.892 yen. The yen also fell 2.20% against the offshore yuan to 4.2718, extending its decline.
Yen Falls About 2% This Week; USD/JPY Ends at 156.67
AI take
The yen's slide was broad, not just a dollar story: the euro and sterling both gained over 1% against it, and the offshore yuan advanced more than 2%. That the weekly range spanned roughly 4.7 yen points signals two-way volatility rather than a one-way grind, with the close near the top of the range. For RWA and crypto markets, a weaker yen matters mostly through carry and hedging flows, since yen-funded positions are a known source of global risk appetite. Whether the yen stabilizes or the move extends is the open question.
Generated by AI for reference only.
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