Yen steadies near 147.8; markets eye fresh data

The yen hovered around 147.8 per dollar on Tuesday, stabilizing after touching two-week lows as a softer greenback and US political uncertainty lent support. The dollar eased amid funding talks in Washington to avert a government shutdown by September 30, adding to investor caution. . The BOJ maintained its policy stance last week but highlighted lingering economic risks and agreed to scale back asset support by offloading ETF and J-REIT holdings. Markets now turn to Japans PMI, Tokyo inflation data, and BOJ July meeting minutes for fresh policy signals.

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