The Japanese yen has strengthened to its highest level against the US dollar since September 2024. Concurrently, the US dollar continues to weaken against major currencies including the euro and the Swiss franc. The euro has extended its gains, rising 0.7% to $1.1469, reaching its strongest level versus the US dollar since February 2022. This marks a notable appreciation for the euro, which climbed to around $1.1475 in recent trading, reflecting a three-year high against the dollar.