USD/JPY recovered part of the prior session's losses, trading around 158.00 in the Asian session on Thursday. A broad dollar rebound and safe‑haven outflows have pressured the yen, alongside falling government bond prices and improved AI-sector sentiment. SK Hynix reported strong Q3 results and said it will raise shareholder returns as AI-driven profit growth accelerates, boosting market optimism for the AI theme. Market attention is on the BOJ policy meeting Friday; markets largely expect polic

2026-10-29

USD/JPY recovered part of the prior session's losses, trading around 158.00 in the Asian session on Thursday. A broad dollar rebound and safe‑haven outflows have pressured the yen, alongside falling government bond prices and improved AI-sector sentiment. SK Hynix reported strong Q3 results and said it will raise shareholder returns as AI-driven profit growth accelerates, boosting market optimism for the AI theme. Market attention is on the BOJ policy meeting Friday; markets largely expect policy to be left unchanged, but officials could signal a possible December rate hike amid persistent inflation. RABOBANK strategists note the yen is the second‑strongest G10 currency in H2 to date after the Norwegian krone and ranks fourth year‑to‑date among G10 currencies.