The US dollar has shown strength against the Japanese yen, with the Bank of Japan (BOJ) maintaining uncertainty regarding future interest rate hikes. This has left yen bears cautious as the dollar continues to perform well. In early trading on November 18, Japan's Nikkei Average futures fell by 1.5%, reflecting a broader trend as tech shares mirrored losses seen on Wall Street. Despite the initial decline, the Nikkei Stock Average later rose, buoyed by gains in chip-related shares that tracked higher on the Nasdaq. The market sentiment shifted as investors engaged in bargain-hunting and the tech sector showed resilience, leading to a positive close for the Nikkei on November 19, 2024.