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As Japan’s yen peaks, is the era of budget-friendly trips coming to an end for Australian travellers?

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The Australian flag above Parliament House in Canberra
File photograph: The Australian flag above Parliament House in Canberra. Marcus Reubenstein / Unsplash. Illustrative context, not a photograph of this reported event.

The currency has now reached its highest level against the US and Australian dollars in six months In the unpredictable world of global currency markets, there has been one safe bet: that the Japanese yen would continue its relentless decline. In recent weeks, that trade has started to unravel after Tokyo and Washington intervened to support the longsuffering Japanese currency.

Read the original report at The Guardian.

Sources and context

The Guardian

Source headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-09-14. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.