Japanese stocks fell slightly at the end of trading today, Friday, with the yen heading towards its longest winning streak since 2018, with its rise for seven consecutive days.
Hideo Hayakua, former director of the Bank of Japan, predicted in an interview with “Bloomberg” that the central bank would adjust the yield curve control program at this month’s monetary policy meeting, given stronger-than-expected inflation.
The “Japan 225 futures” index declined at the end of the session, by 0.09%, at 32,391 points, and the broader index, the “Topix index,” declined by 0.17%, at 2,239 points, recording a weekly loss of about 0.63%.
The US currency settled against its Japanese counterpart at 138.07 yen.