Learn more

The yen hit a two-month high in the lower 154 range against the U.S. dollar on Wednesday in Tokyo, stirring selling of export stocks and sending the Nikkei index to a sixth straight day of losses in its longest losing streak since October 2021. The yen was lifted by speculation that the Bank of Japan could raise interest rates at its policy meeting next week after recent remarks from Japanese ruling party lawmakers that appeared to urge the BOJ to make progress in normalizing its monetary policy. The yen briefly strengthened to the lower 154 range, its highest since mid-May. At 3 p.m., the dol…

cuu