Created
: 2025.07.23
- 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 Ishiba agrees with US on tariffs
Breaking news
Japan's Ishiba agrees with US on tariffs
New
2025.07.23 11:08
2025.07.23 11:08
2025.07.23 11:08
Japanese Prime Minister Shigeru Ishiba said on Wednesday that Japan has agreed to a trade deal with the United States, one of the country's largest trading partners. The plan would result in Japan investing $550bn into the US and paying a 15% reciprocal tariff.
Key quotes
Agreed with the U.S. on tariffs.
Agreed to lower auto tariffs by 15%.
Agreed to continue working closely with the U.S.
Agreed to build a resilient supply chain focused on economic security.
Said the $550 billion U.S. investment "includes loans and investments."
The U.S. deal does not include lowering tariffs on Japan's agricultural products.
Japan will raise the portion of rice imports from the U.S. within the minimum access framework.
Market reaction
At the press time, the USD/JPY pair is down 0.02% on the day to trade at 146.58.
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
: 2025.07.23
Related articles
Copper eyes $10,000 level again - ING
6 minutes agoUSD: Bessent's call for a Fed review - Commerzbank
9 minutes agoEUR/USD: Chance to rise above 1.1765 - UOB Group
24 minutes agoUSD: Trade deals are good news for risk assets - ING
28 minutes agoUSD/CHF remains above 0.7900 as US Dollar steadies due to positive trade developments
30 minutes agoUSD/CAD returns below 1.3600, with YTD lows, at 1.3540 coming into view
37 minutes ago
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
JPY: Deal and possible snap elections - Commerzbank
The Japanese yen is virtually unchanged this morning. However, this is not due to a lack of news. Rather both sides seem to be roughly balancing each other out, Commerzbank's FX analyst Volkmar Baur notes.
New
2025.07.23 18:21Copper eyes $10,000 level again - ING
LME Copper is nearing $10,000/t again, as the metal did earlier this month, on signs of improving demand in China. Prices surged past $9,920/t in yesterday's trading.
New
2025.07.23 18:15USD: Bessent's call for a Fed review - Commerzbank
It was just a brief dip below the 1.16 mark last week. Early this morning, EUR-USD is trading almost 2 cents higher around 1.1740.
New
2025.07.23 18:12EU Gas prices steady - ING
European natural Gas prices steadied after last week's decline, as supply concerns eased with improved Norwegian flows. However, firm price support may still be needed to secure LNG ahead of next winter, Société Générale's FX analysts note.
New
2025.07.23 18:00EUR/USD: Chance to rise above 1.1765 - UOB Group
There is potential for Euro (EUR) to rise above 1.1765 against US Dollar (USD); overbought conditions suggest it might not be able to hold above this level.
New
2025.07.23 17:57USD: Trade deals are good news for risk assets - ING
Equity markets are trading higher around the world on news that President Trump has announced a trade deal between the US and Japan, ING's FX analyst Chris Turner notes.
New
2025.07.23 17:53USD/CHF remains above 0.7900 as US Dollar steadies due to positive trade developments
USD/CHF holds ground after registering losses in the previous three successive sessions, trading around 0.7920 during the European hours on Wednesday. The pair holds ground as the US Dollar (USD) remains steady amid improving market sentiment, driven by latest trade developments.
New
2025.07.23 17:52USD/CAD returns below 1.3600, with YTD lows, at 1.3540 coming into view
The US Dollar extends its decline for the fourth consecutive day, with the Canadian Dollar supported by a brighter market mood, as the trade deal between the US and Japan provided some certainty about the outlook of global trade and boosted hopes of more such deals.USD/CAD has extended its downtrend
New
2025.07.23 17:45Oil surplus and time spreads - ING
Oil prices edged lower yesterday with ICE Brent settling 0.9% lower on the day amid concerns over tariffs, with the 1 August deadline fast approaching.
New
2025.07.23 17:42DXY: Quietly coming off - OCBC
US Dollar (USD) fell further overnight amid continued decline in UST yields. DXY was last at 97.42 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
New
2025.07.23 17:37Disclaimer:
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
