Fed hike 'certainty' pushes Asian currencies lower with yen down near 160

Hot inflation data and hawkish comments push investors to buy greenback The yen last traded around 160 to the dollar in late August and early September, pressured by higher oil prices. © Reuters JADA NAGUMO November 12, 2026 16:34 JST TOKYO -- Asian currencies including the Japanese yen and Australian dollar fell against the U.S. dollar on Thursday as investors priced in further Federal Reserve rate hikes, boosting demand for the greenback.

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