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• The Japanese yen strengthens, pushing USD/JPY below 150 — its sharpest drop from an 8-month high amid rising global demand for safe-haven assets after two US banks reported bad loans.

The Japanese yen strengthens, pushing USD/JPY below 150 — its sharpest drop from an 8-month high amid rising global demand for safe-haven assets after two US banks reported bad loans.

2025-10-17 16:00:00   1 days ago   CoinRank

CONTENT

Yen outperformed most G10 peers Friday; USD/JPY down 0.5% to 149.63, its lowest since Oct 6. The Swiss franc also gained, while the USD and Treasury yields fell amid regional bank sell-offs.

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