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Event Brief

Yen weakens to 40-year low

The yen slid past ¥162 as the Federal Reserve’s hawkish shift pressured the currency.
WHO: Japanese yen market
WHAT: Yen weakened past ¥162 to a 40-year low
WHEN: Jun 29, 2026 at 9:51 PM ET
WHERE: Japan
WHY: The Federal Reserve’s hawkish shift piled on pressure on the yen.

Reporting from 3 identified publishers across this event arc.

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