The yen fell to a 40-year low versus the dollar, and a rebound in US tech lifted Wall Street, leaving stock-index futures pointed to a higher open in Tokyo; the S&P 500 rose overnight and related futures were steady, while chip stocks bounced after their worst week since April 2025. The weaker yen is boosting exporters’ profits and helping Japanese equities hit record highs but is raising import costs, straining households and increasing political pressure on PM TAKAICHI. After the currency brea

The yen fell to a 40-year low versus the dollar, and a rebound in US tech lifted Wall Street, leaving stock-index futures pointed to a higher open in Tokyo; the S&P 500 rose overnight and related futures were steady, while chip stocks bounced after their worst week since April 2025. The weaker yen is boosting exporters’ profits and helping Japanese equities hit record highs but is raising import costs, straining households and increasing political pressure on PM TAKAICHI. After the currency breached a key level, traders are watching for intervention. Monex FX trader Andrew Hazlett said intervention would be imminent if the move is not corrected quickly, but warned that unless rate differentials are addressed, intervention would be "only a temporary fix."