{"id":63034,"date":"2026-06-11T23:08:15","date_gmt":"2026-06-12T03:08:15","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/japan-successfully-launches-h3-rocket-in-milestone-liquid-only-mission\/63034\/"},"modified":"2026-06-11T23:08:15","modified_gmt":"2026-06-12T03:08:15","slug":"japan-successfully-launches-h3-rocket-in-milestone-liquid-only-mission","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/japan-successfully-launches-h3-rocket-in-milestone-liquid-only-mission\/63034\/","title":{"rendered":"Japan Successfully Launches H3 Rocket in Milestone Liquid-Only Mission"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Japan successfully launched its H3 rocket in a new &quot;30 configuration,&quot;<\/strong> a milestone liquid-only mission that eliminates solid rocket boosters to significantly reduce launch costs.<\/li>\n<li><strong>The Singapore Dollar (SGD) edged lower against the US Dollar<\/strong> to trade near <strong>1.2870<\/strong>, though analysts suggest it may be buoyed by a <em>mild risk-on sentiment<\/em> in global markets.<\/li>\n<li><strong>EUR\/JPY maintains a bullish bias near 185.50<\/strong>, with technical indicators suggesting potential for the pair to test its <strong>all-time high of 187.95<\/strong> if upward momentum persists.<\/li>\n<li><strong>Mitsubishi Heavy Industries (<a href=\"\/stock\/7011\">7011<\/a>)<\/strong> and <strong>JAXA<\/strong> are positioning the H3 as a low-cost competitor in the global satellite launch market, carrying six microsatellites in this latest flight.<\/li>\n<\/ul>\n<h2>Japan&#39;s H3 Rocket Achieves Critical Flight Milestone<\/h2>\n<p>The Japan Aerospace Exploration Agency (<strong>JAXA<\/strong>) and Mitsubishi Heavy Industries (<a href=\"\/stock\/7011\">7011<\/a>) successfully launched the <strong>H3 rocket Flight 6<\/strong> from the Tanegashima Space Center on Friday morning. This mission marked the debut of the <strong>&quot;30 configuration,&quot;<\/strong> a variant designed for cost-efficiency that relies solely on three liquid-fueled <strong>LE-9 engines<\/strong> without the aid of solid rocket boosters.<\/p>\n<p>This successful liftoff is a vital recovery for Japan&#39;s space program following the failure of Flight 8 in December 2025. The H3 is intended to be Japan&#39;s mainstay launch vehicle, aimed at capturing a larger share of the commercial satellite market by offering a <em>flexible and lower-cost<\/em> alternative to international competitors. The rocket carried six microsatellites developed by various universities and private companies into orbit.<\/p>\n<h2>Singapore Dollar Navigates Mixed Market Sentiment<\/h2>\n<p>The <strong>Singapore Dollar (SGD)<\/strong> saw slight depreciation in early Friday trading, with the US Dollar moving approximately <strong>0.1% higher<\/strong> to reach the <strong>1.2870<\/strong> level. Despite this dip, market analysts from the <strong>Wall Street Journal<\/strong> and <strong>UOB<\/strong> noted that the currency remains supported by a <em>mild risk-on sentiment<\/em> across Asian markets.<\/p>\n<p>Technical outlooks for the SGD remain cautious as the US Dollar continues to show resilience, driven by a hawkish Federal Reserve stance. While some strategists at <strong>OCBC<\/strong> anticipate the SGD could drift toward <strong>1.26<\/strong> by year-end due to policy support from the <strong>Monetary Authority of Singapore (MAS)<\/strong>, near-term momentum currently favors a test of the <strong>1.2900<\/strong> resistance level.<\/p>\n<h2>EUR\/JPY Bullish Trend Eyes Historic Highs<\/h2>\n<p>The <strong>EUR\/JPY<\/strong> currency cross continues to hold its gains, trading steadily around the <strong>185.50<\/strong> mark. The pair is currently trading within a well-defined <em>ascending channel<\/em>, supported by both the 9-day and 50-day Exponential Moving Averages (EMAs). This technical alignment suggests that underlying demand for the Euro remains strong against the Japanese Yen.<\/p>\n<p>Market participants are closely watching the <strong>186.21<\/strong> resistance level, which represents a six-week high. A decisive break above this point could clear the path for the pair to challenge its <strong>all-time high of 187.95<\/strong>, recorded in April. However, traders remain vigilant regarding potential intervention from Japanese authorities, as officials have recently reiterated concerns over <em>excessive currency volatility<\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Japan successfully launched its H3 rocket in a new &quot;30 configuration,&quot; a milestone liquid-only mission that eliminates solid [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[3592,5114,6179,8425,8429,15169,19209,19231],"class_list":["post-63034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-forex-market","tag-sgd","tag-mas","tag-space-exploration","tag-jaxa","tag-eur-jpy","tag-mitsubishi-heavy-industries-7011-stock-7011","tag-singapore-dollar-sgd"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/63034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=63034"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/63034\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=63034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=63034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=63034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}