Created
: 2025.09.30
- 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
USD/JPY slumps to near 148.00 as Japanese Yen continues to outperform
World FX news
Breaking news
USD/JPY slumps to near 148.00 as Japanese Yen continues to outperform
New
2025.09.30 20:30
2025.09.30 20:30
2025.09.30 20:30
- USD/JPY extends its downside to near 148.00 as the safe-haven demand of the Japanese Yen has improved further.
- US VP Vance signaled that a partial government shutdown looks likely.
- Investors await the US JOLTS Job Openings data for August.
The USD/JPY pair extends its losing streak for the third trading day on Tuesday, trading 0.35% lower to near 148.00 during the European trading session on Tuesday. The asset faces selling pressure as weakness in the US Dollar (USD) due to fears of a likely United States (US) government shutdown has increased the safe-haven demand of the Japanese Yen (JPY).
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 Swiss Franc.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.10% | 0.00% | -0.41% | 0.05% | -0.48% | -0.27% | -0.00% | |
| EUR | 0.10% | 0.09% | -0.33% | 0.13% | -0.38% | -0.17% | 0.13% | |
| GBP | -0.01% | -0.09% | -0.38% | 0.06% | -0.48% | -0.26% | 0.05% | |
| JPY | 0.41% | 0.33% | 0.38% | 0.43% | -0.06% | 0.31% | 0.46% | |
| CAD | -0.05% | -0.13% | -0.06% | -0.43% | -0.52% | -0.29% | -0.03% | |
| AUD | 0.48% | 0.38% | 0.48% | 0.06% | 0.52% | 0.21% | 0.53% | |
| NZD | 0.27% | 0.17% | 0.26% | -0.31% | 0.29% | -0.21% | 0.32% | |
| CHF | 0.00% | -0.13% | -0.05% | -0.46% | 0.03% | -0.53% | -0.32% |
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).
At the time of writing, the US Dollar Index (DXY), which tracks the Greenback's value against six major currencies, trades 0.15% lower to near 97.80.
Risks to partial US government shutdown have increased, followed comments from Vice President (VP) JD Vance after meeting with Democrats on Monday. "I think we're headed to a shutdown because the Democrats won't do the right thing," Vance said to CNBC.
Meanwhile, the US Labor and Commerce departments have warned that economic data releases, including employment data for September, could halt if the stopgap bill doesn't get approved in the House of Senate by the deadline of Tuesday midnight.
In Tuesday's session, investors will focus on the US JOLTS Job Openings data for August, which will be published at 14:00 GMT. US employers are expected to have posted fresh 7.1 million jobs, in line with the prior reading of 7.18 million.
US Dollar FAQs
The US Dollar (USD) is the official currency of the United States of America, and the 'de facto' currency of a significant number of other countries where it is found in circulation alongside local notes. It is the most heavily traded currency in the world, accounting for over 88% of all global foreign exchange turnover, or an average of $6.6 trillion in transactions per day, according to data from 2022. Following the second world war, the USD took over from the British Pound as the world's reserve currency. For most of its history, the US Dollar was backed by Gold, until the Bretton Woods Agreement in 1971 when the Gold Standard went away.
The most important single factor impacting on the value of the US Dollar is monetary policy, which is shaped by the Federal Reserve (Fed). The Fed has two mandates: to achieve price stability (control inflation) and foster full employment. Its primary tool to achieve these two goals is by adjusting interest rates. When prices are rising too quickly and inflation is above the Fed's 2% target, the Fed will raise rates, which helps the USD value. When inflation falls below 2% or the Unemployment Rate is too high, the Fed may lower interest rates, which weighs on the Greenback.
In extreme situations, the Federal Reserve can also print more Dollars and enact quantitative easing (QE). QE is the process by which the Fed substantially increases the flow of credit in a stuck financial system. It is a non-standard policy measure used when credit has dried up because banks will not lend to each other (out of the fear of counterparty default). It is a last resort when simply lowering interest rates is unlikely to achieve the necessary result. It was the Fed's weapon of choice to combat the credit crunch that occurred during the Great Financial Crisis in 2008. It involves the Fed printing more Dollars and using them to buy US government bonds predominantly from financial institutions. QE usually leads to a weaker US Dollar.
Quantitative tightening (QT) is the reverse process whereby the Federal Reserve stops buying bonds from financial institutions and does not reinvest the principal from the bonds it holds maturing in new purchases. It is usually positive for the US Dollar.
Last updated
: 2025.09.30
Related articles
Canadian Dollar middles as investor sentiment slows to a crawl
2025.10.01 04:09Fed's Collins warns that rate cuts will follow, but only if the economy meets expectations
2025.10.01 03:59Fed's Goolsbee says short government shutdowns are okay
2025.10.01 03:48USD/JPY slides as US shutdown fears boost Yen's safe-haven appeal
2025.10.01 03:36Dow Jones Industrial Average slow bleeds as government shutdown looms
2025.10.01 02:46FX Today: Focus shifts to inflation in Europe and US ADP, ISM data
2025.10.01 02:46
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
Gold advances as shutdown looms, weak US data fuels rate cut bets
Gold climbs during the North American session on Tuesday yet remains below the record high hit in the Asian session of $3,871. Amid fears of a US government shutdown, jobs data reaffirmed expectations of rate cuts by the Federal Reserve (Fed). XAU/USD trades at $3,846, up 0.35%.
New
2025.10.01 04:29Canadian Dollar middles as investor sentiment slows to a crawl
The Canadian Dollar (CAD) held mostly in place on Tuesday, with market flows broadly drawing down as the US government careens into a funding shutdown.
New
2025.10.01 04:09Fed's Collins warns that rate cuts will follow, but only if the economy meets expectations
Federal Reserve (Fed) Bank of Boston President Susan Collins warned that the Fed could have room to continue interest rate cuts, but only if economic conditions remain on-balance.
New
2025.10.01 03:59Fed's Goolsbee says short government shutdowns are okay
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted on Tuesday that "short" government shutdowns tend to have a limited impact on the broader economy. The statements come at a time when the US government is barreling into a funding gap and subsequent shutdown.
New
2025.10.01 03:48USD/JPY slides as US shutdown fears boost Yen's safe-haven appeal
The Japanese Yen (JPY) gains traction against the US Dollar (USD) on Tuesday, with USD/JPY extending losses for a third straight day as the looming United States (US) government shutdown weighs on the Greenback and bolsters safe-haven demand for the Yen.
New
2025.10.01 03:36Dow Jones Industrial Average slow bleeds as government shutdown looms
The Dow Jones Industrial Average (DJIA) saw a slow bleed on Tuesday, shedding around 150 points as investors braced ahead of what is likely to be a federal government shutdown.
New
2025.10.01 02:46FX Today: Focus shifts to inflation in Europe and US ADP, ISM data
Steady jitters around a potential US government shutdown kept the US Dollar under pressure on Tuesday, adding to the ongoing multi-day weakness hurting the currency. In addition, prospects for extra rate cuts by the Federal Reserve also collaborated with the bearish price action.
New
2025.10.01 02:46BoE's Breeden says recent inflation "hump" shouldn't lead to more inflation
Bank of England (BoE) Monetary Policy Committee (MPC) member and Deputy Governor for Financial Stability, Sarah Breeden, stated on Tuesday that she believes the recent "bump" in inflation won't lead to further, long-term inflationary pressures.
New
2025.10.01 01:42EUR/GBP edges lower as UK GDP beats forecasts, Eurozone inflation in focus
The Euro (EUR) trades on the back foot against the British Pound (GBP) on Tuesday, with EUR/GBP hovering near the lower end of its week-long range, between 0.8720 and 0.8750. At the time of writing, the cross is trading around 0.8730, as Sterling draws support from steady UK growth data.
New
2025.10.01 01:13GBP/USD extends winning streak as US shutdown fears hit Dollar
Cable extended its gains for three straight days on Tuesday, edges up 0.20% spurred by investors selling off the Dollar amid fears of a US government shutdown. The GBP/USD trades at 1.3461 at the time of writing.
New
2025.10.01 00:22Disclaimer:
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
