Select Language

Japan PM Takaichi wants to realise a new golden age of Japan-US alliance with Trump

Breaking news

Japan PM Takaichi wants to realise a new golden age of Japan-US alliance with Trump

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.10.28 10:14
Japan PM Takaichi wants to realise a new golden age of Japan-US alliance with Trump

update 2025.10.28 10:14

Japan's Prime Minister Sanae Takaichi said on Tuesday that she wants to realise a new golden age of Japan-US alliance with US President Donald Trump.

Key quotes

Was enjoying watching Major League Baseball match with President Trump.
To Trump, thank you for enduring friendship with late PM Shinzo Abe.
Trump contributed to Asia's peace including Thai-Cambodia deal.
Middle East deal was unprecedented histrical achievement.
I highly value your commitment to world peace and stability.
Ready to promote further collaboration with us to achieve free and open Indo-Pacific.
Will continue to strive as leader of Japan to strengthen Japan's national power including defence capabilities.
Want to realise a new golden age of Japan-US alliance with Trump.

Market reaction  

As of writing, the USD/JPY pair is down 0.32% on the day at 152.40. 

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

 : 2025.10.28

Update

Last updated

 : 2025.10.28

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

Gold extends losses as US-China trade optimism fuels risk-on sentiment

Gold (XAU/USD) extends losses on Tuesday as investors rotate out of safe-haven assets amid renewed risk-on sentiment. At the time of writing, XAU/USD is trading around $3,925, down nearly 1.3% on the day, after briefly slipping below the $3,900 level, marking its lowest level in three weeks.
New
update2025.10.28 21:17

Gold Price Forecasts: XAU/USD hits lows sub-$3,900 weighed by risk-on markets

Gold trades lower for the third consecutive day on Tuesday, depreciating beyond 4% so far this week, as new trade agreements between the US and Asian countries underpin investors' appetite for risk, weighing safe-havens like Gold.
New
update2025.10.28 20:47

USD/JPY plummets to near 152.00 on improving US-Japan trade relations

The USD/JPY pair plunges 0.6% to near 152.00 during the European trading session on Tuesday. The pair faces intense selling pressure as the Japanese Yen (JPY) outperforms its peers on improving trade relations between the United States (US) and Japan.
New
update2025.10.28 20:34

AUD/USD steadies as RBA rate cut expectations fade, Fed decision looms

AUD/USD steadies around 0.6560 on Monday at the time of writing, after reaching a three-week high at 0.6564 earlier in the day. The Australian Dollar (AUD) retains part of its recent gains, supported by reduced expectations of an interest rate cut from the Reserve Bank of Australia (RBA).
New
update2025.10.28 20:26

US President Trump: Scheduled to meet Chinese leader Xi on Thursday

United States (US) President Donald Trump said during the European trading session on Thursday that he will meet Chinese leader Xi Jinping on Thursday.
New
update2025.10.28 20:24

Copper approaches record high - Commerzbank

Base metal prices rose at the beginning of the week. The prospects of a trade agreement between the US and China provided the main boost, after reports that trade representatives had agreed on key points over the weekend.
New
update2025.10.28 20:04

China's net Gold imports from Hong Kong significantly weaker vs previous year - Commerzbank

According to data from Hong Kong's statistics department, net Gold shipments from Hong Kong to China amounted to 22 tons in September, Commerzbank's commodity analyst Carsten Fritsch notes.
New
update2025.10.28 20:01

Gold and Silver continue to correct - Commerzbank

The correction in Gold and Silver has continued at the start of the new trading week. The price of Gold lost more than 3% yesterday, slipping below the $4,000 per troy ounce mark for the first time in three weeks.
New
update2025.10.28 19:58

European Gas market starts heating season relaxed despite lower filling levels - Commerzbank

The filling level of European Gas storage facilities has barely risen at the start of the official heating period: at 83%, it is 10 percentage points lower than the average for the last five years, Commerzbank's commodity analyst Barbara Lambrecht notes.
New
update2025.10.28 19:56

Another moderate increase in OPEC+ production likely - Commerzbank

The eight OPEC+ countries with voluntary production cuts are likely to agree on a further moderate increase in production in December at their virtual meeting next Sunday, Commerzbank's commodity analyst Carsten Fritsch notes.
New
update2025.10.28 19:54

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