Created
: 2025.02.17
- 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
Japan's Akazawa expects economy to continue making modest recovery
World FX news
Breaking news
Japan's Akazawa expects economy to continue making modest recovery
New
2025.02.17 10:20
2025.02.17 10:20
2025.02.17 10:20
Japan's Economy Minister Ryosei Akazawa said on Monday that he expects the Japanese economy to continue making a modest recovery.
Key quotes
Expect the economy to continue making modest recovery.
Need to be mindful of overseas economic downside risks, including China and the impact of US policy.
Need to be mindful that rising prices of food and other daily products may dampen consumer sentiment and slow consumption.
The government will implement thorough measures to counter rising prices.
Market reaction
At the press time, the USD/JPY pair is down 0.36% on the day to trade at 151.77.
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.
Last updated
: 2025.02.17
Related articles
Mexican Peso plunges as Trump confirms March tariffs, Peso faces weekly losses
8 minutes agoUS Dollar steadies after in-line PCE data
2025.03.01 03:34US President Trump, Ukrainian President Zelenskyy exchange barbs over defense deal
2025.03.01 02:39EUR/USD Price Analysis: Pair stabilizes below 20-day SMA, sharp weekly decline
2025.03.01 01:22GBP/USD struggles at 1.2600 set to first monthly gain since September
2025.03.01 00:57ECB: Keeping all options open - Rabobank
2025.03.01 00:28
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
Mexican Peso plunges as Trump confirms March tariffs, Peso faces weekly losses
The Mexican Peso (MXN) prolonged its agony and depreciated against the Greenback on Friday, set to achieve weekly losses of over 0.59% as the President of the United States (US) Donald Trump emphasized that tariffs on Mexico are moving forward on March 4.
New
2025.03.01 04:29US Dollar steadies after in-line PCE data
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of six major currencies, remains firm above 107.00 on Friday after January's Personal Consumption Expenditures (PCE) inflation data came in line with forecasts, easing concerns over unexpected inflation spikes.
New
2025.03.01 03:34Dow Jones Industrial Average rises then falls as headline turmoil resumes
The Dow Jones Industrial Average (DJIA) recovered some lost ground on Friday, rebounding about 200 points to remain in contention with the 43,500 level before giving up and falling back to the day's opening bids.
New
2025.03.01 03:15US President Trump, Ukrainian President Zelenskyy exchange barbs over defense deal
A meeting between US President Donald Trump and Ukrainian leader Volodymyr Zelenskyy devolved into an argument on Friday.
New
2025.03.01 02:39EUR/USD Price Analysis: Pair stabilizes below 20-day SMA, sharp weekly decline
EUR/USD closed the week with a slight recovery but remains in a vulnerable position after failing to sustain gains above the 100-day Simple Moving Average (SMA).
New
2025.03.01 01:22GBP/USD struggles at 1.2600 set to first monthly gain since September
The Pound Sterling struggles to clear the 1.2600 figure against the US Dollar yet is set for it first monthly gain since September 2024.
New
2025.03.01 00:57ECB: Keeping all options open - Rabobank
A growing group of policymakers is calling for a pause soon, but this will not affect next week's meeting, Rabobank's Senior Macro Strategist Bas van Geffen reports.
New
2025.03.01 00:28USD/CAD ticks lower after US PCE Inflation, Canadian GDP data release
The USD/CAD pair edges lower to near but holds onto Thursday's gains around 1.4430 in North American trading hours on Friday.
New
2025.02.28 23:44EUR/JPY Price Forecast: Rallies to near 157.00 as Yen weakens across the board
The EUR/JPY pair rallies to near 157.00 in the North American session on Friday.
New
2025.02.28 22:28GBP holds up well on the day - Scotiabank
Pound Sterling (GBP) is the best performing G10 currency on the week but is still trading with a 0.3% loss against the generally firmer USD, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2025.02.28 22:23Disclaimer:
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
