Euro falls back as the Japanese Yen strengthens after intervention alerts
The euro (EUR) saw its five-day winning streak against the Japanese yen (JPY) come to an end on Friday, driven by Japanese officials’ comments about concerns over currency speculation. As of now, the EUR/JPY pair is trading around 185.00, down from session highs near 185.65, yet it still marks a four-week upward trend. Kihara, Japan’s […]
British Pound stays close to monthly high against Japanese Yen amid Iran concerns
GBP/JPY Sees Bullish Momentum After Minor Pullback The GBP/JPY pair is experiencing some positive buying activity following a slight dip from the previous day’s high of 214.65-214.70, marking a new peak for the month. Currently, the spot price is hovering around 214.35-214.40, showing a modest increase of 0.10% on the day, indicating potential for further […]
Japanese Yen falls due to weak inflation data from Japan
USD/JPY Exchange Rate Movement The USD/JPY rose to about 159.10 at the start of the Asian trading session on Friday. This increase is largely due to weak inflation data in Japan, which is putting downward pressure on the yen against the US dollar. Later on Friday, the US is set to release its May Michigan […]
Japanese Yen declines as US Manufacturing PMI remains robust
The USD/JPY pair has gained strength, hovering around the 159.30 mark as it nears the significant 160.00 level, which typically triggers intervention from the Bank of Japan. Recent preliminary data from the S&P Global Purchasing Managers Index (PMI) indicates that the US composite PMI remained steady at 51.7 for May, matching the figure from April […]
Japanese Yen stays weak even with better-than-anticipated GDP figures.
USD/JPY Continues Upward Trend Amid Economic Data The USD/JPY pair has climbed for seven consecutive days, hovering around 159.00 during Asian trading on Tuesday. This increase comes despite the Japanese Yen remaining relatively weak, even as Japan’s preliminary economic growth figures surpassed expectations. Japan’s gross domestic product (GDP) growth for the first quarter of 2026 […]
Australian Dollar rises against Yen as China data falls short, JPY remains weak
Market Update: AUD/JPY and Japanese Yen Weakness The AUD/JPY was around 113.65 on Monday, showing a modest gain of 0.16% for the day. This rise comes amid continued weakness in the Japanese yen, which has supported the currency pair, despite some disappointing economic data from China that has somewhat limited the gains of the Australian […]
Japanese Yen weakens before US inflation data
USD/JPY Developments Amid Geopolitical Tensions In the early European trading on Tuesday, the USD/JPY currency pair saw an increase, reaching around 157.55. Renewed geopolitical tensions in the Middle East have led to a rise in the value of the US dollar against the Japanese yen. Market participants are keenly awaiting the release of the US […]
Japanese Yen falls against USD as disappointing Household Spending data offsets Bank of Japan’s tough stance
The USD/JPY currency pair saw a bit of buying interest for two consecutive days, reaching a four-day high in response to Japan’s less-than-ideal household spending figures that came out on Tuesday. However, the momentum doesn’t feel particularly strong; prices are hovering just under the mid-157.00s, reflecting a modest increase of 0.15% today. According to Japan’s […]
GBP/JPY hovers near 212.50 as UK elections unfold and Yen intervention concerns arise
The pound (GBP) was trading close to flat against the Japanese yen (JPY) at approximately 212.50 on Thursday. Investors seem hesitant to sell the yen, possibly due to the threat of intervention from Japan’s Ministry of Finance (MOF). Additionally, uncertainty surrounding the outcome of local elections in the UK is keeping traders cautious with the […]
Japanese Yen strengthens as Trump pauses Hormuz actions and shows intervention caution
USD/JPY Update The USD/JPY pair dropped to approximately 157.65 during Wednesday’s Asian trading hours. This decline in the US dollar against the Japanese yen was triggered by President Trump’s announcement regarding the halt of Project Freedom in the Strait of Hormuz. Investors are also awaiting the release of the US ADP employment change report later […]