- USD/JPY is sharply decreased to approximately 151.40, as Yen strongly in all fields leads Q4 Japan.
- Flash Q4 Japan GDP data showed that the economy has expanded 0.7 %.
- The delay in the Trump -mutual tariff plan and the weakness of retail sales data will maintain the US dollar on the feet.
The USD/JPY pair falls to approximately 151.40 in the North American session on Monday. The original declines with the Japanese yen strengthening (JPY) in all areas after the launch of the GDP Data (GDP) Flash Q4, which showed that the economy is amazing at a strong pace.
Japanese yen price today
The table below shows the percentage of Japanese yen change against the main currencies listed today. The Japanese yen was the strongest against the euro.
| US dollar | euro | GBP | JPY | CAD | Aud | Nzd | Chf | |
|---|---|---|---|---|---|---|---|---|
| US dollar | 0.20 % | -0.03 % | -53 % | 0.07 % | -0.23 % | -0.27 % | 0.18 % | |
| euro | -0.20 % | -08 % | -0.76 % | -0.03 % | -0.34 % | -0.36 % | 0.08 % | |
| GBP | 0.03 % | 0.08 % | -57 % | 0.05 % | -0.21 % | -0.28 % | 0.16 % | |
| JPY | 0.53 % | 0.76 % | 0.57 % | 0.59 % | 0.33 % | 0.47 % | 0.68 % | |
| CAD | -07 % | 0.03 % | -05 % | -59 % | -0.28 % | -0.33 % | 0.11 % | |
| Aud | 0.23 % | 0.34 % | 0.21 % | -0.33 % | 0.28 % | -02 % | 0.43 % | |
| Nzd | 0.27 % | 0.36 % | 0.28 % | -0.47 % | 0.33 % | 0.02 % | 0.44 % | |
| Chf | -18 % | -08 % | -16 % | -68 % | -11 % | -0.43 % | -0.44 % |
The heat map shows the percentage changes in the main currencies against each other. The basic currency is chosen from the left column, while the quotation currency is chosen from the top row. For example, if you choose the Japanese yen from the left column and move along the horizontal line to the US dollar, the percentage offered in the box represents JPY (base)/USD (quotation).
The Japanese Cabinet Office reported that the economy expanded at a strong pace of 0.7 %, compared to 0.4 % growth in the third quarter of 2024. Economists expected that GDP data would have grown 0.3 %.
On an annual basis, the economy increased by 2.8 % compared to the same quarter of the previous year and faster growth of 1.7 % from September to September. Various GDP data is expected to enhance hawk bets at the Bank of Japan (BOJ).
Meanwhile, the US dollar (USD) finds a temporary ground after facing a sharp sale last week. The US dollar index (DXY), which tracks the value of Greenback for six main currencies, the scale pillow near 106.60 after spreading the lowest new level for two months.
However, investors are warning of the dollar expectations US (The United States) President Donald Trump did not reveal a detailed mutual tariff plan, while he was expected to do this on Thursday.
Above, the weak retail sales data for January US dollar. Retaus sales data, a main measure of consumer spending, has decreased at a strong pace of 0.9 %.
Japanese questions yen
The Japanese yen (JPY) is one of the most trading currencies in the world. Its value is widely determined by the performance of the Japanese economy, but more specifically through the policy of the Bank of Japan, and the differential between the revenues of Japanese and American bonds, or risk morale among merchants, among other factors.
One of the states of the Bank of Japan is the control of the currency, so its movements are the key to the yen. BOJ interfered directly in the currency markets sometimes, and generally to reduce the value of the yen, although it refrains from doing so often due to the political concerns of its main commercial partners. Boj Ultra-LOOSE’s monetary policy between 2013 and 2024 caused the yen to decrease against its main peers due to the difference in policy between the Bank of Japan and other major central banks. Recently, relaxation has gradually gave this super -support policy some support for the yen.
Over the past decade, the BoJ’s position of adhering to a high -minded monetary policy has has expanded a difference in politics with other central banks, especially with the American Federal Reserve. This is to support the expansion of the difference between American and Japanese bonds for a period of 10 years, which preferred the US dollar against the Japanese yen. BOJ’s decision in 2024 to gradually abandon the policy of the super taste, as well as discounts in the interest rate in other major central banks, narrows this difference.
The Japanese yen is often seen as a safe investment. This means that in times of stress on the market, investors are likely to put their money in the Japanese currency because of its reliability and supposed stability. Distinguished times are likely to enhance the value of the yen against other currencies that are seen as more dangerous for investment.
2025-02-17 14:36:49
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