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The story
In New York foreign exchange trading on the 10th, the yen weakened 88 sen from the previous day to trade at 154.36–46 yen per dollar. On 5ch’s “Breaking News+” board, posters pointed to a string of hawkish-sounding remarks from Bank of Japan officials — Policy Board member Hajime Takata, Finance Minister Katayama, and Policy Board member Kazuyuki Masu — as the driver behind yen buying, while expectations of a Fed rate hike also grew on views that US PPI (Producer Price Index) data would come in hotter than expected, and crude oil hit a four-month high, making for a tangle of competing factors. Just two days earlier, the board had been buzzing about the yen nearing the 150 mark, so some were surprised the move even counted as “breaking news” at this level, while others predicted the BOJ would hike rates three times in a row — opinions split on whether the yen would keep weakening or reverse into strength.
September 11, 2026, 06:26 AM, Kyodo News
[NEW YORK, Kyodo] The yen stood at 154.36–46 per dollar as of 5:00 p.m. in New York trading on the 10th, down 88 sen from the previous day.
Source: 47news.jp / Original article here
What people said
[European Central Bank] ECB decides on 0.25% rate hike, responding to inflation prolonged by high resource prices [Flea Market★]
https://asahi.5ch.io/test/read.cgi/newsplus/1789050624/
So Europe's hiking too because of rising resource prices?
Oil's been creeping up too — before you know it, it's over $100.
No wonder expectations for a BOJ hike are fading.
Might not do anything unless they surprise everyone with something like a 0.5% hike.
The Fed's got hike expectations building too.
Apparently it all hinges on today's CPI release.
Meanwhile Trump's over there screaming for rate cuts.
US PPI came in hotter than expected, so odds of a US rate hike went up.
It's verbal intervention from the BOJ.
They hinted they'd keep hiking without worrying about pace.
They specifically rolled out hawk Takata to hold a press conference.
Then Finance Minister Katayama piled on with comments to reinforce it lol
And then even the BOJ's Masu came out pushing for back-to-back hikes too.
So now the odds of three straight rate hikes look pretty high,
and money started front-running that by buying yen.
It's a joke, alright.
Doesn't affect regular people anyway.
Does that mean less work?
https://asahi.5ch.io/test/read.cgi/newsplus/1789002546/
So the Japanese people — who of all people should understand Japan's situation best — are the ones who trust the yen the least…
So, right on schedule, dump the currency and go fight Bangladesh's sandal industry? Except our standard of living ends up Bangladesh-level too.
With the weak yen, Japanese engineers look like an even better bargain to China too, so manufacturing is fated to lose out to China anyway.
Oh wait, it didn't snap back lol, I was off by a yen lol
https://asahi.5ch.io/test/read.cgi/newsplus/1789079368/
Saved a bit there by the yen ticking up slightly — yeah, a stronger yen really is better.
The Fed's hawkish too, after all.
I don't think that's right, but if you really believe it, why not do it yourself? You could trade FX too, couldn't you.
They didn't hand out 20 trillion yen to anyone — they just exchanged dollars for yen.
What are you even talking about? That's a factor for yen strength. This time it suddenly weakened.
Nobody's calling it "the yen weakened!!" just because it went
153 yen
↓
154 yen.
The real picture is:
160 yen
↓
now looking stable around a stronger 153 yen or so.
Morning, newbie.
Sounds like someone who doesn't know the markets well. A single yen is a big move in FX, and the sudden yen weakening was already old news from over a week ago.
Re: #167
Just watch — three rate hikes in a row and it'll swing even further toward a stronger yen lol
That confident, huh? Must be a time traveler. Screenshotting this for later! (a 5ch meme: saving a bold prediction to mock the poster later if it's wrong)
Background and Key Points on This Story
A one-yen move in the exchange rate isn’t unusual in itself, but this time BOJ Policy Board member Hajime Takata was followed by Finance Minister Satsuki Katayama and Policy Board member Kazuyuki Masu, all making remarks that could be read as leaning toward further rate hikes — fueling market speculation that the BOJ will push ahead with multiple additional hikes without worrying about pace. Meanwhile on the US side, expectations of a Fed rate hike are also in play following hotter-than-expected PPI data, so competing assumptions about monetary policy on both sides of the Pacific are keeping the exchange rate on edge. Since the thread had, just two days earlier, been buzzing about the yen nearing a break below 150, there was a noticeable gap in tone between posters surprised that 154 yen even counted as “breaking news” and those who saw it as still within ordinary yen-weakness territory. The thread also cited another discussion noting that retail investors’ short-yen positions have been swelling, with some warning of the risk of forced margin liquidations if the yen suddenly strengthens.
*This article is compiled from excerpts and a summary of the 5ch (“Breaking News+”) thread “[Breaking] NY Yen, ¥154.36–46.”
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