Aussie dollar surges against Yen as Japan lifts interest rates | Finance Report | ABC NEWS

By ABC News (Australia)

Community Score: 50% | 3.9K views | 3w

0 community ratings: null thumbs up, null thumbs down

The Australian dollar rose sharply against the yen as the Bank of Japan lifted interest rates to their highest level in three decades. With two dissenters on the BoJ board, the lack of consensus is raising doubts about how committed the Japanese central bank is to hiking rates to curb higher inflation. Elsewhere, the Bank of England kept rates on hold, while surging fuel prices as a result of the US-Iran war have led to Donald Trump's approval ratings taking a massive hit. The ASX, meanwhile, has dropped almost 4 per cent since the month began. Presented by David Chau. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-09-18/asx-markets-business-news-live-updates-wall-st-rebounds/107160122 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia #ABCBusiness

Tags: Australia, abc, abc news, news, finance report, finance news, abc finance report, david chau, bank of england, interest rates, bank of japan, japan interest rates, England interest rates, australian dollar, weak yen, yen, commodity markets, shares news, global markets, markets news

More from ABC News (Australia)

  • The biggest market sell-off since 'Liberation Day' | The Business | ABC NEWS — Score: 50%
  • Designer Katie Perry wins trademark case against pop star | ABC NEWS — Score: 50%
  • A look around the NT as residents deal with flooding emergency | ABC NEWS — Score: 50%
  • Bundaberg homes inundated after Burnett River peaks | ABC News — Score: 50%
  • Reindeer races in Finland draw international crowds | The World | ABC NEWS — Score: 50%
  • Grave fears for Iranian footballers after Australia asylum saga | The World | ABC News — Score: 50%