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

The Guardian World Sunday 13 September 2026, 15:00 UTC By Jonathan Barrett Business editor 1 min read
Key Points

The currency has now reached its highest level against the US and Australian dollars in six monthsGet our breaking news email, free app or daily news podcastIn 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.

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.

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Japan (LOCATION) Australian (ORG) US (LOCATION) Japanese (ORG) Tokyo (LOCATION) Washington (LOCATION)
Originally published by The Guardian World Read original →

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