ব্যঙ্গাত্মক বর্ণনা এবং ফরেক্সের প্রবেশদ্বার বিন্যাস
JPY rally sparks investor concern across global markets
A sharp appreciation of the Japanese yen has become a growing source of concern across global financial markets. Japanese authorities and regulators signaled they were prepared to intervene if the yen weakened further. As a result, the currency strengthened sharply. On Friday, the US dollar stood at ¥159, but on Monday it tumbled to ¥154.17. Volatility in the currency market became so pronounced that the Federal Reserve Bank of New York contacted market participants to discuss yen‑dollar operations.
Investor Michael Burry, known for predicting the 2008 financial crisis, said the yen had been long overdue for a trend reversal. He warned that if Japanese interest rates begin to rise while US rates fall, capital could flow back to Japan. Such a large‑scale shift in the geographic center of investment could put significant pressure on US stocks and bonds.
Morgan Stanley strategist Michael Wilson shares some of that concern, noting that many Japanese investors expect the yen to strengthen to the ¥140–145 range against the dollar. However, Wilson remains cautiously optimistic about the US market, forecasting roughly 17% earnings growth for the S&P 500 companies, which he says should support US equities despite currency moves. He also warned that abrupt swings in the currency market remain a key near‑term risk.
Against this backdrop, the S&P 500 ended the previous week lower and logged a second consecutive weekly decline, reflecting investor caution as market participants monitor the yen and its global implications.
প্রকাশিত 02 February 2026
© InstaFintech Group
![]()
© InstaFintech Group
