Yen hits 1-month high of 155 to dollar on BOJ rate hike speculation

CurrenciesTraders increase bets on Japanese currency reversal after Bessent remarksSince a rare joint U.S.-Japan intervention on July 31, the yen has struggled to find lasting support. (Photo by Yoshikazu Imahori)September 3, 2026 17:29 JSTUpdated on September 3, 2026 22:34 JSTTOKYO -- The yen on Thursday climbed to the 155 level against the dollar, its highest since Aug. 3, as traders priced in the chance of faster Bank of Japan interest rate hikes.