This is not just a yean story, the dollar has dipped almost across the baord also.
Yen supported by the Bank of Japan Tankan :
BOJ Tankan Q2 2025: Large Manufacturing Index 13 (vs. expected 10)
US dollar, meanwhile, ore of the same for it, it lost ground at its fastest first help pace in 50 years in H1 of 2025:
“1H” decline of 10.8% for the USD is NOT one hour! Its the fall in one half, ie six months
Whoops, looks like my headline is b/s, not quite under 143.60!
This article was written by Eamonn Sheridan at www.forexlive.com.