The yen surged in the foreign exchange market on the 22nd, with the US dollar temporarily rising to the mid-¥156 range. During European trading hours, the euro also rose against the yen, reaching the mid-¥175 range, with 1 euro worth that amount.
The yen surged in the foreign exchange market on the 22nd, with USD/JPY temporarily rising to the mid-¥156 range. It has been trading near its highest level since the end of September. Attention in subsequent reports will focus on the extent to which this move affects the Japanese stock market.
The yen's depreciation against the euro also continued, with EUR/JPY reaching its highest level since autumn 2025 and rising to the mid-¥175 range.