Select Language

USD/JPY recovers above 147.50 as markets focus on Trump-Fed feud

Breaking news

USD/JPY recovers above 147.50 as markets focus on Trump-Fed feud

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
update 2025.08.26 22:07
USD/JPY recovers above 147.50 as markets focus on Trump-Fed feud

update 2025.08.26 22:07

  • USD/JPY recovers from session lows and trades above 147.50.
  • Escalating Trump-Fed feud limits the US Dollar's gains.
  • The US economic calendar will feature CB Consumer Confidence data for August.

USD/JPY lost its traction and declined below 147.00 after posting strong gains on Monday. Although the pair recovers above 147.50 region in the second half of the day on Tuesday, it remains in negative territory.

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 New Zealand Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.16% -0.16% -0.18% -0.08% -0.05% -0.03% 0.02%
EUR 0.16% 0.06% 0.09% 0.08% 0.16% 0.36% 0.20%
GBP 0.16% -0.06% 0.04% 0.05% 0.14% 0.30% 0.14%
JPY 0.18% -0.09% -0.04% 0.00% -0.01% 0.29% -0.03%
CAD 0.08% -0.08% -0.05% -0.00% 0.05% 0.26% -0.04%
AUD 0.05% -0.16% -0.14% 0.00% -0.05% 0.02% -0.09%
NZD 0.03% -0.36% -0.30% -0.29% -0.26% -0.02% -0.16%
CHF -0.02% -0.20% -0.14% 0.03% 0.04% 0.09% 0.16%

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).

Following the sharp decline seen on Federal Reserve (Fed) Chairman Jerome Powell's dovish comments on Friday, USD/JPY started the week on a bullish note as the US Dollar (USD) corrected higher on Monday.

The renewed selling pressure surrounding the USD in the Asian session on Tuesday caused USD/JPY to turn south. United States (US) President Donald Trump shared a letter addressed to Fed Governor Lisa Cook on Truth Social and announced that he has fired her.

In response, Cook released a statement via her attorneys, noting that Trump has no authority to fire her and that she will carry out her duties. This development helped the USD find a foothold. In the meantime, the US Census Bureau reported that Durable Goods Orders declined by 2.8%, or $8.8 billion, in July to $302.8 billion, compared to the market expectation for a decrease of 4%.

Later in the American session, the Conference Board will publish the Consumer Confidence Index data for August. Market participants will also keep an eye on headlines surrounding the Trump-Fed feud.

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.


Date

Created

 : 2025.08.26

Update

Last updated

 : 2025.08.26

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

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

EUR/USD slips as Dollar rebounds, French protests weigh on sentiment

EUR/USD edges lower on Friday, late in the North American session, as the Greenback recovers after bouncing off three-year lows reached in the aftermath of the Federal Reserve's (Fed) interest rate cut.
New
update2025.09.20 05:56

Australian Dollar heads for weekly decline amid cautious Fed outlook

The Australian Dollar (AUD) trades on the back foot against the US Dollar (USD) on Friday, with AUD/USD extending its decline for the third straight day.
New
update2025.09.20 04:21

Fed's Daly says Fed cut rates to support labor market

Federal Reserve (Fed) Bank of San Francisco President Mary C. Daly noted late on Friday that the Fed's move to cut rates was to try and bolster a weakening labor market, noting a pointed softening of the US economy over the past year.
New
update2025.09.20 04:12

Canadian Dollar pares losses despite Retail Sales miss, bucks Greenback trend

The Canadian Dollar (CAD) shrugged off broad-market performance on Friday, chalking in a 0.15% gain against the US Dollar (USD), the second-best currency on the books for the day.
New
update2025.09.20 03:46

Gold rebounds above $3,670 as dip buyers step in despite firm US Dollar

Gold price reverses its course on Friday after printing back-to-back bearish session, rises over 0.69% despite overall US Dollar strength across the board. Buyers emerged near the lows of the week at around $3,630 and drove the non-yielding metal higher.
New
update2025.09.20 03:28

Banxico seen cutting rates to 7.50% in September - Reuters

Banco de Mexico (Banxico), Mexico's central bank is expected to reduce its main reference rate by 25 basis points to 7.50% on September 26, revealed a Reuters poll.
New
update2025.09.20 03:25

WTI extends declines as strong US Dollar and weak demand overshadow Fed rate cut

West Texas Intermediate (WTI) Crude Oil remains under pressure on Friday, extending its losing streak for the third straight day. The US benchmark has surrendered all the gains it notched earlier in the week and is now poised to end the week in negative territory.
New
update2025.09.20 03:24

Dow Jones Industrial Average chalks up strong weekly performance post-Fed

The Dow Jones Industrial Average (DJIA) chalked in another slim but decisive gain on Friday, bringing the major equity index's weekly performance to around a full percentage point gain.
update2025.09.20 02:45

Stephen Miran confirms he was the 'bottom dot', insists immigration policy is deflationary

Newly minted Federal Reserve (Fed) Board of Governors member Stephen Miran, in a stiff departure from standard Fed rhetoric policy, revealed exactly where his opinion landed in the Federal Open Market Committee's (FOMC) latest Summary of Economic Projections (SEP).
update2025.09.20 01:47

Canadian Dollar firms despite weaker July Retail Sales

The Canadian Dollar (CAD) strengthens against the US Dollar (USD) on Friday, with USD/CAD snapping a two-day winning streak and trimming earlier intraday losses despite a firmer Greenback and softer Retail Sales data.
update2025.09.20 00:38

Disclaimer:arw

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.

  • Facebook
  • Twitter
  • LINE

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

I agree
share
Share
Cancel