Yen hits one-month high as markets price 77% odds of BOJ rate hike

The yen surged 1.7% to 155.85 per dollar on 3 September 2026, its strongest in a month, building on a 0.9% gain the prior day. Traders now see a 77% chance the Bank of Japan raises rates at its 17 September meeting, after Governor Ueda flagged a debate on hiking and policymaker Takata urged acting more "nimbly."