The Japanese yen hit a nearly two-year low in the early trading of US stocks, followed by two rebound rallies.

On Monday afternoon in New York, the US dollar rose 0.14% against the Japanese yen to 161.53 yen, with a slight dip in the early Asia-Pacific session falling below 161.20 yen, before continuing to rise and reaching 161.93 yen at 22:03 Beijing time - approaching the peak of 161.95 yen on July 3, 2024, the peak of 164.50 yen at the end of 1986, and the peak of 182.85 yen in mid-1986. There were then two short-term dips, with the low point reaching 161.08 yen at 22:51. The euro fell 0.28% against the yen to 184.56 yen, while the British pound rose 0.28% to 214.020 yen.