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Yen shines as AI jitters spur safe-haven rush

Image: The Economic Times. Rights remain with the publisher.

The Japanese yen reached its strongest level in over a month due to increased safe-haven demand. Concerns about the sustainability of the AI spending boom affected currency markets as US Treasury yields fell. Brent crude futures rose above $114 per barrel following geopolitical tensions in the Middle East.

Economists expect the Bank of Japan to consider an interest rate hike soon.

Read the full report on The Economic Times

Story file

Section
Tech
Topics
AI & gadgets
First reported by
The Economic Times
Reporter
reuters
Published
Friday, 23 October 2026, 2:28 am IST
Coverage
One outlet so far

How this page works. The Headline Update lists this report from The Economic Times with a short summary and a link to the original. The original reporting and photograph belong to the publisher. Spotted an error in our summary? Tell our corrections desk.

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