The Zhitong Finance App learned that after a year of sharp fluctuations, the yen unexpectedly entered a period of calm — in recent months, the exchange rate has been closely anchored within a narrow range of around 158 yen per dollar. But on Wednesday, it broke through again: to the surprise of traders, the yen unexpectedly weakened and approached the 160 mark.

The Zhitong Finance App learned that after a year of sharp fluctuations, the yen unexpectedly entered a period of calm — in recent months, the exchange rate has been closely anchored within a narrow range of around 158 yen per dollar. But on Wednesday, it broke through again: to the surprise of traders, the yen unexpectedly weakened and approached the 160 mark.