The Nikkei average ended at a three-month low on Thursday, posting its biggest daily decline in three years as the yen's strengthening against major currencies hurt investor sentiment.

The 225-issue average fell 3.28% to end the day at 37,869.51, its lowest close since April 25.

The index extended its losing streak to seven days, its longest since October 2021, and posted its biggest daily fall since June 2021.