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Yen Soars as Takaichi Wins, Nikkei Hits Record High

2/15/2026

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Story summary
  • The Japanese yen strengthened to 153.80 per dollar after Prime Minister Sanae Takaichi won a landslide election.
  • The victory is seen as a mandate for a disciplined fiscal agenda, reducing bond uncertainty.
  • The U.S. dollar fell to 152.877 yen as weak U.S. data and cautious sentiment ahead of payrolls weighed.
  • The Nikkei 225 surged to a record high on optimism about expansionary policies.