The Japanese yen regained some of its strength, rising 0.1% to 155.37 against the dollar, after hitting its lowest level in nine months yesterday. In contrast, the euro rose to $1.1586, and the British pound rose to $1.3151, while the Australian and New Zealand dollars declined due to a decrease in the desire to invest in high-risk assets.
Analysts pointed out that investors are moving to reduce their investments in U.S. technology stocks, which are still suffering from pressure due to concerns about the valuation of artificial intelligence companies. At the same time, the market is closely monitoring the upcoming U.S. jobs data, in addition to meetings between the “Bank of Japan” governor and senior Japanese officials, to determine future monetary policy directions.
