Created
: 2025.02.21
- 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 National CPI climbs 4.0% YoY in January, Core CPI rises more than expected
World FX news
Breaking news
Japan's National CPI climbs 4.0% YoY in January, Core CPI rises more than expected
New
2025.02.21 08:51
2025.02.21 08:51
2025.02.21 08:51
Japan's National Consumer Price Index (CPI) climbed 4.0% YoY in January, compared to the previous reading of 3.6%, according to the latest data released by the Japan Statistics Bureau on Friday.
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
: 2025.02.21
Related articles
Australian Dollar faces pressure after US PMI
10 minutes agoUS Dollar gains modestly despite PMI data disappointing
2025.02.22 03:44Mexican Peso weakens as GDP contracts in Q4, growth outlook dims
2025.02.22 03:07EUR/USD Price Analysis: Bulls lose momentum as pair faces rejection at 100-day SMA
2025.02.22 01:11GBP/USD slips after hitting record high past 100-day SMA
2025.02.22 00:21AUD/USD faces pressure around 0.6400 ahead of flash US PMI
2025.02.21 23:19
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
Australian Dollar faces pressure after US PMI
The AUD/USD pair faces offers pressure near 0.6400 after the release of the United States (US) S&P Global PMI data for February.
New
2025.02.22 05:57Gold price holds near record highs, set for eight straight weekly gain
Gold price slides late on Friday, poised to end the week positively, accumulating eight straight weeks of gains that pushed the yellow metal to all-time highs of $2,954.
New
2025.02.22 05:48Dow Jones Industrial Average falls over 700 points on Friday
The Dow Jones Industrial Average (DJIA) backslid over 700 points on Friday, knocking lower around one and a half percent and touching the 43,500 level for the first time in over a month.
New
2025.02.22 04:01US Dollar gains modestly despite PMI data disappointing
The US Dollar Index (DXY), which tracks the US Dollar's performance against six major currencies, is holding on to minor gains on Friday, trading around 106.50.
New
2025.02.22 03:44Mexican Peso weakens as GDP contracts in Q4, growth outlook dims
The Mexican Peso (MXN) lost some ground against the US Dollar (USD) on Friday as the Mexican economy decelerated in the last quarter of 2024.
New
2025.02.22 03:07EUR/USD Price Analysis: Bulls lose momentum as pair faces rejection at 100-day SMA
The EUR/USD pair faced a setback on Friday, declining by 0.44% to settle near 1.0450 after encountering firm resistance at the 100-day Simple Moving Average (SMA) around 1.0540.
New
2025.02.22 01:11GBP/USD slips after hitting record high past 100-day SMA
The GBP/USD registers losses during the North American session after testing the 100-day Simple Moving Average (SMA) at 1.2658.
New
2025.02.22 00:21AUD/USD faces pressure around 0.6400 ahead of flash US PMI
The AUD/USD pair faces selling pressure around 0.6400 in North American trading hours on Friday.
New
2025.02.21 23:19Silver Price Forecast: XAG/USD struggles around $33.00 as Fed officials guide restrictive policy stance
Silver price (XAG/USD) faces selling pressure above the key level of $33.00 in North American trading hours on Friday.
New
2025.02.21 22:31GBP turns lower from 100-day/week MA signals in mid-1.26s - Scotiabank
UK Retail Sales rose a solid 2.1% in January, well ahead of expectations, after run of soft data in Q4, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2025.02.21 22:05Disclaimer:
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
