Yen selling prevails as AUD/JPY and NZD/JPY recover key levels, excessive US-Iran concerns ease

Yen selling prevailed, with AUD/JPY recovering to the 114-yen level and NZD/JPY to the 95-yen level. USD/JPY is trading in the 159-yen range. Following US Treasury Secretary Bessent's announcement of Iran-related sanctions, some market participants took the view that excessive market caution had eased.

Read in fullFrom the source, not the headline

sources corroborateOutlets reporting the same event

companies linkedAcross 0 themes, second pass

The story

Amid continued yen selling, AUD/JPY has recovered the ¥114 level, while NZD/JPY has also regained the ¥95 level.

USD/JPY is trading around ¥159.30, with the market reacting to reports that US Treasury Secretary Bessent announced devastating economic measures against Iran and sanctions on countries trading with Iran.

He reportedly did not name specific countries and avoided mentioning when the measures would be implemented, suggesting that excessive market caution had been deferred.

Asian stocks fell at times, but downside was limited, and the Nikkei Stock Average finished the morning session after moving into positive territory.

At a glance

AUD/JPY levelRecovered to the 114-yen level

NZD/JPY levelRecovered to the 95-yen level

USD/JPY levelAround ¥159.30

US secretary's announcementAnnounced sanctions on Iran and countries trading with Iran

Market reactionCaution eased as specific measures were deferred

Nikkei morning sessionFinished after moving into positive territory

Reference information. Every claim resolves to something the story actually named.

Where this came from

We read each source in full and checked they agree on the core claim.

1/ 1 agree

All of them report the same thing.

fx.minkabu.jpNews

AgreesOpen

Read the original articleGo to the source page

Reference information generated from public sources. It does not solicit or advise on investments. Prices are 15-minute delayed.