
Japanese Yen Weakens as Global Risk Appetite Grows
The Japanese yen softened further on Thursday as global risk-on sentiment boosted major currencies and equity futures, with NZD and AUD outperforming.
#Japanese Yen#USD JPY#Nikkei 225
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The Japanese yen softened further on Thursday as global risk-on sentiment boosted major currencies and equity futures, with NZD and AUD outperforming.

Japan's Nikkei 225 has gained 20% year-to-date, outpacing the S&P 500's 14% rise, fueled by economic optimism and expectations of continued fiscal stimulus.

The Bank of Japan surprised markets by announcing it will begin gradually selling its vast holdings of ETFs and J-REITs, totaling ¥335 billion annually.