The Japanese yen strengthened toward 156 per dollar on Friday, reaching its highest level in five weeks before paring gains as a global selloff in technology and artificial intelligence stocks boosted demand for safe-haven assets. The equity downturn intensified this week after Meta Platforms’ plans to increase capital expenditure reignited concerns that technology companies may take on more debt to fund the AI buildout. In Japan, data showed that both headline and core inflation rose 2.1% year-on-year in September, marking their highest levels in nine months as yen weakness and elevated energy prices drove up import costs. With underlying inflation returning above the Bank of Japan’s 2% target, market expectations for another interest rate hike this year have strengthened. The BOJ is widely anticipated to leave rates unchanged at its upcoming meeting, potentially paving the way for a rate increase in December.
The USD/JPY exchange rate fell to 156.7720 on October 26, 2026, down 0.06% from the previous session. Over the past month, the Japanese Yen has strengthened 0.40%, but it's down by 2.55% over the last 12 months. Historically, the USDJPY reached an all time high of 358.44 in January of 1971. Japanese Yen - data, forecasts, historical chart - was last updated on October 26 of 2026.
The USD/JPY exchange rate fell to 156.7720 on October 26, 2026, down 0.06% from the previous session. Over the past month, the Japanese Yen has strengthened 0.40%, but it's down by 2.55% over the last 12 months. The Japanese Yen is expected to trade at 156.09 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 152.83 in 12 months time.