Yen Strengthens Beyond 140 Per Dollar Amidst US-Japan Financial Talks

The Japanese Yen reached its strongest point since last September, surpassing 140 per dollar on Tuesday, as investors sought safer haven assets amidst growing uncertainty surrounding US financial instruments. The currency gained an impressive 0.7% to trade at 139.90 per dollar. This follows a period of heightened concern over the Federal Reserve’s independence and concerns about escalating tariffs, with upcoming meetings between Japan’s and the US Treasury Department expected to significantly impact the Yen’s performance.