The yen saw a slight uptick as Japanese authorities issued their strongest warning yet regarding intervention, signaling readiness to act against the currency’s recent lows. Despite this, analysts anticipate continued near-term yen weakness due to the Bank of Japan’s cautious stance on future rate hikes. The U.S. dollar also remained under pressure, continuing its December decline against major peers.
Swarup Mohanty on cycles, conviction and the rise of midcaps
Swarup Mohanty of Mirae Asset highlights a year of shifting market dynamics, where traditional assumptions are being challenged. The firm has evolved into a diversified
December 23, 2025