This data reinforced expectations that the central bank will tighten its monetary policy in the coming stages. The Japanese yen recorded a noticeable rise on Monday, as markets enter a week full of monetary policy decisions from several major central banks, alongside anticipation of key US economic data that could reshape expectations for the Federal Reserve's interest rate path next year. The Japanese currency rose by about 0.5% to 155.08 yen per dollar, continuing its early gains after the Bank of Japan announced that most companies covered in its latest survey expect wage increases during the 2026 fiscal year at a rate close to current increases.
