Japan’s Nikkei breaks losing streak

Japan’s Nikkei index rose, breaking a seven-day losing streak, despite the yen continuing to strengthen.

The benchmark Nikkei 225 closed up 0.2% at 15,749.84, helped by a rebound in energy and healthcare stocks.

But shares in exporters were hit as the dollar weakened to 108.78 yen, a 17-month low, with the US currency falling following the release of minutes from the Federal Reserve.


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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.