Created
: 2025.10.23
- 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
USD/JPY posts modest losses below 192.00 as US government shutdown continues
World FX news
Breaking news
USD/JPY posts modest losses below 192.00 as US government shutdown continues
New
2025.10.23 08:09
2025.10.23 08:09
2025.10.23 08:09
- USD/JPY softens around 151.90 in Thursday's early Asian session.
- Shutdown has entered its fourth week as the US Senate prepares another vote.
- Concerns over new Prime Minister Sanae Takaichi's large fiscal stimulus plans might cap the JPY's upside.
The USD/JPY pair trades with mild losses near 151.90, snapping the three-day winning streak during the early Asian session on Thursday. The concerns over the US-China trade front and the ongoing US federal government shutdown weigh on the US Dollar (USD) against the Japanese Yen (JPY). The Chicago Fed National Activity Index and Existing Home Sales are due later on Thursday.
The US government shutdown has entered its fourth week with no resolution in sight. The Senate is expected to vote again on a funding bill, though it's likely to fail. This marks the second-longest government shutdown in US history.
The release of key US economic data from the Bureau of Labor Statistics and the Census Bureau is suspended, complicating decision-making for the Federal Reserve (Fed). However, the Fed is anticipated to lower its key interest rate by 25 basis points (bps) on October 29 and again in December. This, in turn, undermines the Greenback against the JPY.
Reuters reported on Wednesday that Japan's new Prime Minister Sanae Takaichi is preparing a fresh economic stimulus package that is likely to exceed last year's $92 billion to help households tackle inflation. Traders expect expansionary fiscal policy and a testy relationship with Japan's central bank would weigh on the currency.
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
: 2025.10.23
Related articles
AUD/USD Price Forecast: Stalls below 50-day SMA as buyers struggle to extend gains
16 minutes agoFed's Kashkari: Inflation still too high, at 3%
43 minutes agoGBP/USD rises towards 1.3200 as US reopening weigh on USD, BoE cut bets mount
53 minutes agoEuro loses traction against Pound after weak Eurozone Industrial Production
2025.11.13 23:57JPY is flat against USD - Scotiabank
2025.11.13 23:16GBP buoyed by broader developments - Scotiabank
2025.11.13 23:14
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
AUD/USD Price Forecast: Stalls below 50-day SMA as buyers struggle to extend gains
The Australian Dollar (AUD) eases slightly against the US Dollar (USD) on Thursday, reversing most of the early advance after briefly climbing to a two-week high on the back of stronger-than-expected employment data.
New
2025.11.14 01:20Fed's Kashkari: Inflation still too high, at 3%
Federal Reserve Bank of Minneapolis President Neel Kashkari gave a speech at the Opportunity & Inclusive Growth Institute's Research Conference hosted by the Federal Reserve (Fed) Bank of Minneapolis on Thursday, in which he talked about the labor market and inflation.
New
2025.11.14 00:53GBP/USD rises towards 1.3200 as US reopening weigh on USD, BoE cut bets mount
The Pound Sterling advances on broad US Dollar weakness amid the US government's reopening, which would unveil a tranche of economic data for traders and the Federal Reserve. The GBP/USD trades at a two-day high of 1.3194, up 0.46%.
New
2025.11.14 00:43Silver declines as US shutdown resolution eases safe-haven demand
Silver (XAG/USD) declines on Thursday, ending a four-day winning streak. The grey metal trades around $53.00 at the time of writing, down 0.35% on the day, after marking an intraday high at $54.39, just shy of the all-time high at $54.86.
New
2025.11.14 00:18Euro loses traction against Pound after weak Eurozone Industrial Production
The Euro (EUR) is easing slightly against the British Pound (GBP) on Thursday after earlier climbing to a fresh year-to-date high of 0.8843. At the time of writing, EUR/GBP is trading around 0.8826, snapping a two-day winning streak as traders reacted to disappointing Eurozone data.
New
2025.11.13 23:57JPY is flat against USD - Scotiabank
The Japanese Yen (JPY) is trading flat against the US Dollar (USD) and underperforming all of the G10 currencies in an environment of sentiment-driven USD weakness, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.11.13 23:16GBP buoyed by broader developments - Scotiabank
The Pound Sterling (GBP) is up 0.2% against the US Dollar (USD), a mid-performer among the G10 in an environment of broad-based USD weakness driven by sentiment, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.11.13 23:14EUR delivers clear break of 1.16 - Scotiabank
The Euro (EUR) is entering Thursday's NA session with a modest 0.2% gain against the US Dollar (USD) and a clear break above 1.16, hitting fresh November highs with a push back toward the middle of its range from late June, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.11.13 23:13CAD edges fractionally higher - Scotiabank
The Canadian Dollar (CAD) continues to lean quite hard on the 1.40 zone but, even with the USD slipping broadly on the day, cannot secure a clear push under the figure zone, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.11.13 23:07USD slips as government reopens - Scotiabank
The US Dollar (USD) is broadly weaker in response the end of the US government shutdown, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.11.13 23:05Disclaimer:
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
