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YenBreaks155NearingYearHigh
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#yenbreaks155nearingyearhigh The yen has strengthened to 154.06 per dollar, breaking below the key 155 level that had held as support since July's coordinated intervention and triggering stop-loss selling that accelerated the rally; this marks the yen's strongest level since February. A weaker dollar and growing expectations for a Bank of Japan rate hike on September 18 are driving the move, with potential for further gains if the BOJ delivers a larger or back-to-back increase. $SOPH $IOST $AERO
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