March Japanese Yen futures continued to rally for a third consecutive session on February 11, 2026, supported by a significant increase in trading volume. Prices reached a high of 6574 during the session, approaching the recent cycle high established on January 27. The move followed a series of Japanese economic data releases, including a jump in machine tool orders to 25.3% and a non-seasonally adjusted current account surplus of 7.288 trillion. While the U.S. dollar showed strength against other major currencies following better than expected non-farm payrolls, it weakened against the yen. Market participants attributed the sustained yen strength to the recent election victory by Takaichi, which has overshadowed interest rate differentials and risk sentiment in the near term.
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