CME Group Inc.

02/24/2026 | Press release | Distributed by Public on 02/24/2026 14:19

Bank of Japan policy shifts continue pressure on yen.

Japanese Yen futures traded lower during today's session, marking a decline in five of the last six trading sessions. The currency reached a two and a half week low as it experienced a drop of over 0.75 percent. Market participants focused on the Bank of Japan and discussions involving the new prime minister regarding future interest rate policy. There appears to be a shift in sentiment suggesting a potential pause or slowdown in rate hikes, which had previously been priced into the market. While the yen acted as an outlier with heavy selling pressure, the British pound and euro futures saw sideways price action while remaining near one month lows. The yen continues to trend toward the lower end of its multi-year price range amid shifting policy dynamics.
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