USD/JPY

Iran’s Succession Void Lifts Gold to $4,171 as Yen Drifts to 162

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Iran's Succession Void Lifts Gold to $4,171 as Yen Drifts to 162

Snapshot Three signals define Monday’s cross-asset picture: gold clearing $4,171.10 per ounce for a fresh cycle high, the yen extending its slide to 162.17 against the dollar, and a striking 5.27% single-session surge in the KOSPI — all unfolding against a geopolitical backdrop that grew materially more opaque over the weekend. The proximate macro catalyst … Read more

Yen Crosses 158 As BOJ Faces New Inflation Regime

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The yen just touched 157.83 per dollar—up 0.63% overnight—and the more significant story isn’t the headline move but what it says about the Bank of Japan’s rapidly closing policy window. While markets obsessed over a second day of Iranian strikes on the UAE, the real structural shift is unfolding in Tokyo, where core CPI printed … Read more