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fxJun 18, 2026, 7:02 AM

Yen Weakens to Post-2024 Low as Dollar Climbs: DB

Deutsche Bank reports the Japanese Yen has fallen to its weakest level since 2024 against the US Dollar, though its decline was less severe than other G10 currencies.

USDJPY

Deutsche Bank notes that the Japanese Yen has weakened to a post-2024 low versus the US Dollar, as the greenback continues to climb. The yen's decline, however, was smaller than that of other G10 currencies, according to the bank's analysis. The report highlights that the yen is now trading near intervention levels, suggesting potential action from Japanese authorities.

The dollar's broad strength has pressured most major currencies, with the yen being no exception. Deutsche Bank's assessment comes amid ongoing monitoring of currency markets for any signs of official intervention by the Bank of Japan or the Ministry of Finance.

Source: FXStreet Forex News