https://www.live-feeds.com/feed/yen-hits-seven-month-high-dollar-soft-ahead-of-us-inflationContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/yen-hits-seven-month-high-dollar-soft-ahead-of-us-inflationhttps://www.live-feeds.com/feed/yen-hits-seven-month-high-dollar-soft-ahead-of-us-inflation#u63017Wed, 09 Sep 2026 19:06:13 +0000The Japanese yen remained near its strongest level against the US dollar since February 2026 on Wednesday, with the USD/JPY pair trading around 153.61. Market sentiment has cooled as oil prices climbed above $100 per barrel due to conflict in the Middle East. While the dollar remains defensive, Japanese business confidence hit its highest level since December 2021, driven by demand for data centers and semiconductors. Investors continue to monitor the US dollar ahead of Friday's August Consumer Price Index report and a potential Bank of Japan rate hike next week.Why it mattersThe currency https://www.live-feeds.com/feed/yen-hits-seven-month-high-dollar-soft-ahead-of-us-inflationhttps://www.live-feeds.com/feed/yen-hits-seven-month-high-dollar-soft-ahead-of-us-inflation#u62012Tue, 08 Sep 2026 23:51:21 +0000The Japanese yen climbed to a near seven-month high on Tuesday, September 8, driven by expectations that the Bank of Japan will raise interest rates next week. This surge forced bearish traders to close short positions, placing downward pressure on the US dollar. While the dollar remained steady against other major peers due to rising Treasury yields and oil prices, it remains subdued as investors await the August Consumer Price Index report due Friday. Markets view the upcoming inflation data as the primary catalyst for US Federal Reserve rate decisions.Why it mattersThe yen's rally refl https://www.live-feeds.com/feed/yen-hits-seven-month-high-dollar-soft-ahead-of-us-inflationhttps://www.live-feeds.com/feed/yen-hits-seven-month-high-dollar-soft-ahead-of-us-inflation#u61055Tue, 08 Sep 2026 05:51:28 +0000The Japanese yen climbed to its highest level since February on Tuesday, extending a rally that surpassed previous intervention-driven gains. Traders are unwinding short positions as they bet on potential interest rate increases from the Bank of Japan. Simultaneously, the US dollar remains subdued as markets await upcoming US Consumer Price Index (CPI) data. While the dollar received some support from renewed Federal Reserve hike expectations following payroll data, this lift was minimal compared to the yen's surge.Why it mattersThe yen has been described as long-embattled, making this sh