The Japanese yen is generally weakening, and the market is hopeful that the US government shutdown will end.

The Japanese yen weakened against most G10 currencies and Asian currencies in the previous session as the market hopes for an end to the U.S. government shutdown. The U.S. dollar rose slightly by 0.1% against the Japanese yen to 153.82 yen; the Australian dollar gained 0.2% against the Japanese yen to 100.09 yen. The U.S. Senate is moving towards reaching an agreement to end the shutdown, with the Senate Republican leader stating that a vote is expected to take place as early as Sunday, but also warning that unpredictable negotiations may still face some obstacles. Rodrigo Catril from the National Australia Bank commented: "A positive sign is that we are now seeing political figures engaging in credible dialogue." The senior foreign exchange strategist added: "The sense of urgency to reach a compromise is increasing."