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US 2Y4.68%
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Cedar Global MarketsData via FRED® (St. Louis Fed). Not endorsed by the St. Louis Fed. Delayed / as published.

Yen Holds Near Seven-Month Highs as Dollar Index Softens Around 98.8

in Markets, Americas, Asia-Pacific
Reading Time: 1 min read
Abstract FX trading panels for yen and dollar session tape; illustrative market imagery, not an official settle.
byCedar Global Markets
October 17, 2026
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The Japanese yen traded near seven-month highs against the dollar on Wednesday as the greenback stayed soft. Reuters said the dollar hovered near a seven-month low versus the yen after Tuesday’s print around 152.89. A New York Reuters wire showed the dollar down 0.4 percent at 153.40 yen. A live Yahoo Finance refresh near 3:20 p.m. Central time put USD/JPY last around 153.65, with a day low near 152.93. The yen was about 4 percent stronger so far this month, Reuters said.

The dollar index was soft near about 98.8 in Reuters wires, with a live DX-Y.NYB last near 98.83 around the same window. Traders widely expect a 25 basis-point Bank of Japan hike at the Sep. 17-18 meeting, cited here only as FX backdrop, not a rate-path preview. Oil above $100 and Middle East risk colored sentiment in the same wires but are not the lead. Refresh live FX prints at publish. This package is Sep. 9 tape, distinct from earlier BoJ path coverage.

Sources: Reuters FX and global markets, Sep. 9, 2026; Yahoo Finance USDJPY/DXY refresh ~3:20 p.m. CT.

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