https://www.live-feeds.com/feed/yen-s-rally-through-key-level-puts-currency-s-2026-high-in-reachContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/yen-s-rally-through-key-level-puts-currency-s-2026-high-in-reachhttps://www.live-feeds.com/feed/yen-s-rally-through-key-level-puts-currency-s-2026-high-in-reach#u62566Wed, 09 Sep 2026 09:10:49 +0000The Japanese yen climbed to a new seven-month high against the dollar, driven by expectations of interest rate hikes by the Bank of Japan. This sharp movement is disrupting traditional carry trade strategies, where investors borrow cheaply in Japan to fund higher-yielding assets globally. Meanwhile, the US dollar remains subdued as market participants await upcoming consumer price index data. In South Korea, the KOSPI index approached the 7,000 threshold following surges in Samsung Electronics and SK hynix.Why it mattersThe yen carry trade underpins substantial global risk-asset investments by