The Japanese yen held around 147.3 per dollar on Wednesday after sharp swings earlier in the week, as traders awaited key US inflation reports that could guide the Federal Reserve’s decision next week. Recent downward revisions to US jobs data reinforced expectations for a Fed rate cut, with some investors positioning for a sizable 50 basis point move. In Japan, a private survey showed manufacturer sentiment climbed to its highest level in over three years in September, supported by easing trade uncertainties following a tariff deal with the US. On the political front, markets assessed the fallout from Prime Minister Shigeru Ishiba’s resignation, which followed deepening rifts within the ruling party and mounting pressure after his national election defeat late last year.