Select Language

USD/JPY recovers above 147.50 as markets focus on Trump-Fed feud

Breaking news

USD/JPY recovers above 147.50 as markets focus on Trump-Fed feud

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.08.26 22:07
USD/JPY recovers above 147.50 as markets focus on Trump-Fed feud

update 2025.08.26 22:07

  • USD/JPY recovers from session lows and trades above 147.50.
  • Escalating Trump-Fed feud limits the US Dollar's gains.
  • The US economic calendar will feature CB Consumer Confidence data for August.

USD/JPY lost its traction and declined below 147.00 after posting strong gains on Monday. Although the pair recovers above 147.50 region in the second half of the day on Tuesday, it remains in negative territory.

Japanese Yen Price Today

The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the strongest against the New Zealand Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.16% -0.16% -0.18% -0.08% -0.05% -0.03% 0.02%
EUR 0.16% 0.06% 0.09% 0.08% 0.16% 0.36% 0.20%
GBP 0.16% -0.06% 0.04% 0.05% 0.14% 0.30% 0.14%
JPY 0.18% -0.09% -0.04% 0.00% -0.01% 0.29% -0.03%
CAD 0.08% -0.08% -0.05% -0.00% 0.05% 0.26% -0.04%
AUD 0.05% -0.16% -0.14% 0.00% -0.05% 0.02% -0.09%
NZD 0.03% -0.36% -0.30% -0.29% -0.26% -0.02% -0.16%
CHF -0.02% -0.20% -0.14% 0.03% 0.04% 0.09% 0.16%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent JPY (base)/USD (quote).

Following the sharp decline seen on Federal Reserve (Fed) Chairman Jerome Powell's dovish comments on Friday, USD/JPY started the week on a bullish note as the US Dollar (USD) corrected higher on Monday.

The renewed selling pressure surrounding the USD in the Asian session on Tuesday caused USD/JPY to turn south. United States (US) President Donald Trump shared a letter addressed to Fed Governor Lisa Cook on Truth Social and announced that he has fired her.

In response, Cook released a statement via her attorneys, noting that Trump has no authority to fire her and that she will carry out her duties. This development helped the USD find a foothold. In the meantime, the US Census Bureau reported that Durable Goods Orders declined by 2.8%, or $8.8 billion, in July to $302.8 billion, compared to the market expectation for a decrease of 4%.

Later in the American session, the Conference Board will publish the Consumer Confidence Index data for August. Market participants will also keep an eye on headlines surrounding the Trump-Fed feud.

Japanese Yen FAQs

The Japanese Yen (JPY) is one of the world's most traded currencies. Its value is broadly determined by the performance of the Japanese economy, but more specifically by the Bank of Japan's policy, the differential between Japanese and US bond yields, or risk sentiment among traders, among other factors.

One of the Bank of Japan's mandates is currency control, so its moves are key for the Yen. The BoJ has directly intervened in currency markets sometimes, generally to lower the value of the Yen, although it refrains from doing it often due to political concerns of its main trading partners. The BoJ ultra-loose monetary policy between 2013 and 2024 caused the Yen to depreciate against its main currency peers due to an increasing policy divergence between the Bank of Japan and other main central banks. More recently, the gradually unwinding of this ultra-loose policy has given some support to the Yen.

Over the last decade, the BoJ's stance of sticking to ultra-loose monetary policy has led to a widening policy divergence with other central banks, particularly with the US Federal Reserve. This supported a widening of the differential between the 10-year US and Japanese bonds, which favored the US Dollar against the Japanese Yen. The BoJ decision in 2024 to gradually abandon the ultra-loose policy, coupled with interest-rate cuts in other major central banks, is narrowing this differential.

The Japanese Yen is often seen as a safe-haven investment. This means that in times of market stress, investors are more likely to put their money in the Japanese currency due to its supposed reliability and stability. Turbulent times are likely to strengthen the Yen's value against other currencies seen as more risky to invest in.


Date

Created

 : 2025.08.26

Update

Last updated

 : 2025.08.26

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

AUD/USD jumps towards 0.6630 on sticky United States inflation

The AUD/USD pair changed course early in the American session on Thursday, recovering from an intraday low of 0.6590 after the release of the United States (US) August Consumer Price Index (CPI).
New
update2025.09.11 22:58

United Kingdom FX Today: GBP holds firm before critical GDP report

The British Pound (GBP) is trending flat against the US Dollar (USD) on Thursday, trading at 1.3535 despite a spike in volatility following the release of US inflation data.
New
update2025.09.11 22:53

GBP/USD climbs as mixed US inflation data bolsters Fed rate cut expectations

The British Pound (GBP) gains traction against the US Dollar (USD) on Thursday, with GBP/USD reversing earlier losses as investors digested a mixed US inflation report that failed to shake expectations of a Federal Reserve (Fed) interest rate cut next week.
New
update2025.09.11 22:38

Lagarde speech: Trade uncertainty has diminished

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the September policy meeting and responds to questions from the press.
New
update2025.09.11 22:15

Lagarde speech: Disinflationary process is over

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the September policy meeting and responds to questions from the press.
New
update2025.09.11 22:06

Lagarde speech: Stronger Euro could bring inflation down more than expected

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the September policy meeting and responds to questions from the press.
New
update2025.09.11 21:58

EUR/USD climbs to 1.1700 as ECB holds steady, US CPI reinforces Fed cut bets

The Euro (EUR) reverses sharply against the US Dollar (USD) on Thursday, snapping a two-day losing streak and climbing back above the 1.1700 mark as traders digest the European Central Bank (ECB) policy announcement and US inflation data.
New
update2025.09.11 21:51

US weekly Initial Jobless Claims rise to 263K vs. 235K expected

There were 263,000 initial jobless claims in the week ending September 6, according to data published Thursday by the United States (US) Department of Labor (DOL).
New
update2025.09.11 21:41

Silver Price Forecast: XAG/USD consolidates near $41.00 ahead of US CPI

Silver (XAG/USD) trades under mild pressure on Thursday as a firm US Dollar (USD) keeps the white metal subdued ahead of the highly anticipated US Consumer Price Index (CPI) release.
New
update2025.09.11 21:13

JPY is underperforming on political developments - Scotiabank

The Japanese Yen (JPY) is weak, down 0.3% against the US Dollar (USD) and underperforming all of the G10 currencies into Thursday's NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
update2025.09.11 20:54

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel