Yen hits 23-month low and Nikkei 225 breaks 71,000 for first time 25.7%
The Japan Times - By Kazuaki Nagata - 6/18/2026, 7:54 AM
Biased Writer Voice 31% - Post Hoc (False Cause) 18.9% - Appeal to Authority 15.1%
The yen traded at its weakest level in about 23 months on Thursday and is now well into the range considered by many investors to be a trigger for intervention. Japan’s currency hit ¥160.79 to the dollar overnight, breaking the ¥160.72 mark reached in April and changing hands at prices not seen since July 2024. Based on comments from... more