The Japanese yen weakened against other major currencies in the Asian session on Tuesday, investors are nonetheless concerned about Japan's fiscal health, despite hopes that Japanese Prime Minister Sanae Takaichi will propose additional stimulus to help the economy.
In addition, Japan's poor Q4 GDP growth numbers appear to have dampened anticipations of an early rate increase by the Bank of Japan (BoJ), which appears to further depress the value of the yen.
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Forex News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.