Created
: 2025.07.22
- 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 says continuing to seek common ground on tariff issues with US
World FX news
Breaking news
Japan's Akazawa says continuing to seek common ground on tariff issues with US
2025.07.22 13:26
2025.07.22 13:26
Japan's top trade negotiator, Ryosei Akazawa, said on Tuesday that he met US Commerce Secretary Howard Lutnick for two hours in Washington on Monday.
Earlier on Monday, US Treasury Secretary Scott Bessent said that the country will seek the best deal for itself in tariff negotiations with Japan.
Key quotes
Met with US Commerce Secretary Lutnick for over 2 hours in Washington yesterday.
Held frank talks to seek an agreement benefiting both Japan and the US.
Market reaction
At the time of writing, the USD/JPY pair is trading 0.18% higher on the day to trade at 147.56.
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
: 2025.07.22
Related articles
NZD/USD holds losses below 0.5950 ahead of US CPI data
19 minutes agoPound Sterling gains on upbeat UK employment data
24 minutes agoGBP/JPY holds above 199.00 as UK employment data beats expectations
34 minutes agoForex Today: RBA cuts policy rate by 25 bps, eyes on US inflation data
42 minutes agoEUR/GBP softens to below 0.8650 after UK employment data
2025.08.12 15:36UK Unemployment Rate steadies at 4.7% in the quarter to June vs. 4.7% expected
2025.08.12 15:01
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
NZD/USD holds losses below 0.5950 ahead of US CPI data
NZD/USD extends its losses for the second successive session, trading around 0.5930 during the early European hours on Tuesday. The pair faces challenges as the US Dollar (USD) remains stable amid market caution ahead of the US consumer inflation data, due later in the North American session.
New
2025.08.12 16:21Pound Sterling gains on upbeat UK employment data
The Pound Sterling (GBP) attracts significant bids against its major peers on Tuesday after the release of the upbeat United Kingdom (UK) labor market data for the three-months ending June.
New
2025.08.12 16:17GBP/JPY holds above 199.00 as UK employment data beats expectations
The Pound remains near year-to-date highs, consolidating gains, after rallying for six consecutive days.
New
2025.08.12 16:06Forex Today: RBA cuts policy rate by 25 bps, eyes on US inflation data
Here is what you need to know on Tuesday, August 12:
New
2025.08.12 15:59EUR/GBP softens to below 0.8650 after UK employment data
The EUR/GBP cross loses traction to around 0.8640 during the early European session on Tuesday. The Pound Sterling (GBP) strengthens against the Euro (EUR) after the UK employment data. Traders will keep an eye on the Zew Survey from the Eurozone and Germany later on Tuesday.
New
2025.08.12 15:36Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Tuesday, early in the European session. WTI trades at $63.49 per barrel, up from Monday's close at $63.31.
New
2025.08.12 15:04UK Unemployment Rate steadies at 4.7% in the quarter to June vs. 4.7% expected
The United Kingdom's (UK) ILO Unemployment steadied at 4.7% in the three months to June after reporting 4.7% in the quarter to May, data published by the Office for National Statistics (ONS) showed on Tuesday.
New
2025.08.12 15:01RBA's Bullock: Forecasts imply cash rates might need to be lower for price stability
Reserve Bank of Australia (RBA) Governor Michele Bullock is addressing a press conference following the announcement of the August monetary policy decision on Tuesday.
New
2025.08.12 14:34USD/CAD hovers below 1.3800 amid improved Oil prices ahead of US inflation data
USD/CAD stays silent after registering gains in the previous three consecutive days, trading around 1.3780 during the Asian hours on Tuesday. The pair may face challenges as the commodity-linked Canadian Dollar (CAD) receives support from improved crude Oil prices.
New
2025.08.12 14:19EUR/CAD Price Forecast: Wobbles above 1.6000 ahead of Eurozone ZEW Survey data
The EUR/CAD pair trades in a tight range around 1.6020 during the late Asian trading session on Tuesday. The pair consolidates ahead of the Eurozone EW Survey - Economic Sentiment data for August, which will be published at 09:00 GMT.
New
2025.08.12 14:14Disclaimer:
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
