Japanese Yen Hits 40-Year Low Overnight, Nikkei Futures Rise as Chip Stocks Rebound

SPX5000.53%
According to Jin10, Japanese yen fell to its lowest level in four decades on June 30, bolstering Tokyo stock index futures as U.S. tech stocks rallied overnight. The Nikkei is expected to open higher, supported by gains in the S&P 500 and a rebound in chip stocks following their worst week since April 2025. Monex forex trader Andrew Hazlett noted that intervention measures may be imminent if the yen cannot quickly recover, though he cautioned that such measures would only be "temporary solutions" without addressing the underlying interest rate differential between Japan and the U.S.
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