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.