Created
: 2025.02.13
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
USD/JPY tumbles from weekly high of 154.80 as Japanese Yen outperforms on safe-haven bid
World FX news
Breaking news
USD/JPY tumbles from weekly high of 154.80 as Japanese Yen outperforms on safe-haven bid
New
2025.02.13 23:39
2025.02.13 23:39
2025.02.13 23:39
- USD/JPY dives to near 153.40 amid significant strength in the Japanese Yen.
- Investors remain on their toes as US Trump reiterates reciprocal tariff threats.
- The Fed stated that a restrictive policy stance is favorable if progress in the disinflation trend stalls.
The USD/JPY pair falls sharply to near 153.40 in Thursday's North American session from its weekly high of 154.80, which it posed on Wednesday. The asset weakens as second-level safe-haven assets, such as the Japanese Yen (JPY) and the Swiss Franc (CHF), perform strongly across the board.
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 Australian Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.03% | -0.15% | -0.60% | -0.03% | 0.40% | 0.33% | -0.54% | |
| EUR | -0.03% | -0.19% | -0.64% | -0.06% | 0.34% | 0.30% | -0.58% | |
| GBP | 0.15% | 0.19% | -0.48% | 0.13% | 0.55% | 0.48% | -0.39% | |
| JPY | 0.60% | 0.64% | 0.48% | 0.54% | 0.99% | 0.88% | 0.05% | |
| CAD | 0.03% | 0.06% | -0.13% | -0.54% | 0.44% | 0.36% | -0.51% | |
| AUD | -0.40% | -0.34% | -0.55% | -0.99% | -0.44% | -0.07% | -0.93% | |
| NZD | -0.33% | -0.30% | -0.48% | -0.88% | -0.36% | 0.07% | -0.87% | |
| CHF | 0.54% | 0.58% | 0.39% | -0.05% | 0.51% | 0.93% | 0.87% |
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).
The safe-haven bid of the JPY and the CHF strengthens amid worries that the imposition of reciprocal tariffs by United States (US) President Donald Trump will lead to a global trade war. Trump reiterated reciprocal tariff threats in early North American trading hours through a post on Truth Social.
Three great weeks, perhaps the best ever, but today is the big one: reciprocal tariffs!!! Make America great again!!!," Trump said.
Contrary to strength in the JPY and the CHF, the US Dollar (USD) faces selling pressure on optimism over a truce between Russia and Ukraine. Donald Trump announced on Wednesday that leaders of both nations had agreed to peace talks.
The US Dollar Index (DXY), which tracks the Greenback's value against six major currencies, has recovered some of its morning gains but is still down 0.15% to near 107.80.
Meanwhile, the outlook of the US Dollar remains firm as hot US Consumer Price Index (CPI) and Producer Price Index (PPI) reports for January have boosted expectations that the Federal Reserve (Fed) will keep interest rates in the current range of 4.25%-4.50% for longer.
Fed Chair Jerome Powell said in his two-day testimony before Congress that the central bank can maintain "policy restraint for longer" if the economy remains strong and "inflation does not move toward 2%."
US Dollar FAQs
The US Dollar (USD) is the official currency of the United States of America, and the 'de facto' currency of a significant number of other countries where it is found in circulation alongside local notes. It is the most heavily traded currency in the world, accounting for over 88% of all global foreign exchange turnover, or an average of $6.6 trillion in transactions per day, according to data from 2022. Following the second world war, the USD took over from the British Pound as the world's reserve currency. For most of its history, the US Dollar was backed by Gold, until the Bretton Woods Agreement in 1971 when the Gold Standard went away.
The most important single factor impacting on the value of the US Dollar is monetary policy, which is shaped by the Federal Reserve (Fed). The Fed has two mandates: to achieve price stability (control inflation) and foster full employment. Its primary tool to achieve these two goals is by adjusting interest rates. When prices are rising too quickly and inflation is above the Fed's 2% target, the Fed will raise rates, which helps the USD value. When inflation falls below 2% or the Unemployment Rate is too high, the Fed may lower interest rates, which weighs on the Greenback.
In extreme situations, the Federal Reserve can also print more Dollars and enact quantitative easing (QE). QE is the process by which the Fed substantially increases the flow of credit in a stuck financial system. It is a non-standard policy measure used when credit has dried up because banks will not lend to each other (out of the fear of counterparty default). It is a last resort when simply lowering interest rates is unlikely to achieve the necessary result. It was the Fed's weapon of choice to combat the credit crunch that occurred during the Great Financial Crisis in 2008. It involves the Fed printing more Dollars and using them to buy US government bonds predominantly from financial institutions. QE usually leads to a weaker US Dollar.
Quantitative tightening (QT) is the reverse process whereby the Federal Reserve stops buying bonds from financial institutions and does not reinvest the principal from the bonds it holds maturing in new purchases. It is usually positive for the US Dollar.
Last updated
: 2025.02.13
Related articles
EUR/USD Price Analysis: Bulls extend gains as pair secures position above 20-day SMA
2025.02.14 01:14GBP/USD rises as UK GDP beat estimates, US inflation stays hot
2025.02.14 00:18USD/JPY tumbles from weekly high of 154.80 as Japanese Yen outperforms on safe-haven bid
2025.02.13 23:38US: Initial Jobless Claims rose to 213K last week
2025.02.13 22:41US annual PPI inflation rises to 3.5% in January vs. 3.2% expected
2025.02.13 22:36EUR/USD to trade around 1.00 in the middle of the year - Rabobank
2025.02.13 22:30
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
Dow Jones Industrial Average cautiously higher post-PPI inflation print
The Dow Jones Industrial Average (DJIA) found a little bit of room on the high side on Thursday, rising around 120 points and testing the 44,500 level.
New
2025.02.14 02:10EUR/USD Price Analysis: Bulls extend gains as pair secures position above 20-day SMA
EUR/USD continued its recovery on Thursday, inching up to 1.0385 and reinforcing its breakout above the 20-day Simple Moving Average (SMA).
New
2025.02.14 01:14GBP/USD rises as UK GDP beat estimates, US inflation stays hot
The Pound Sterling registered solid gains versus the Greenback on Thursday after GDP figures in the UK surprisingly beat estimates.
New
2025.02.14 00:18Oil traders to continue their selling activity - TDS
Crude oil markets continue to sell off, with the prospects of a Russia-Ukraine deal further sapping energy supply risk premia over the last sessions, TDS' Senior Commodity Strategist Daniel Ghali notes.
New
2025.02.13 23:38USD/JPY tumbles from weekly high of 154.80 as Japanese Yen outperforms on safe-haven bid
The USD/JPY pair falls sharply to near 153.40 in Thursday's North American session from its weekly high of 154.80, which it posed on Wednesday.
New
2025.02.13 23:38US: Initial Jobless Claims rose to 213K last week
US citizens filing new applications for unemployment insurance rose to 213K for the week ending February 8, as reported by the US Department of Labor (DoL) on Thursday.
New
2025.02.13 22:41US annual PPI inflation rises to 3.5% in January vs. 3.2% expected
The Producer Price Index (PPI) for final demand in the US rose 3.5% on a yearly basis in January, the data published by the US Bureau of Labor Statistics showed on Thursday.
New
2025.02.13 22:36EUR/USD to trade around 1.00 in the middle of the year - Rabobank
While yesterday's release of stronger than expected US CPI inflation pushed back on Fed rate cut hopes and initially boosted the value of the USD, those gains proved to be short-lived, Rabobank's FX analyst Jane Foley notes.
New
2025.02.13 22:30UK: Labour's labour problem - Standard Chartered
We lower our 2025 growth forecast to 1.0% (from 1.3%) owing to the slowdown in H2-2024.
New
2025.02.13 22:25US Dollar retreats with possible peace talks between Russia and Ukraine fueling risk-on across markets
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, has fallen to 107.50 so far on Thursday.
New
2025.02.13 21:12Disclaimer:
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.
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
