• Fri, Jul 3, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

3 July 2026 09:42  |

Yen Strengthens, What's the Sentiment?

The Japanese yen traded near 161 per US dollar on Friday (July 3), after surging nearly 1% in the previous session. This strengthening occurred after Japanese Finance Minister Satsuki Katayama reiterated that authorities are ready to intervene at any time to support the currency.

Katayama's statement came amid growing speculation that Japan could intervene in the foreign exchange market again. Thinner liquidity during the US holiday weekend is considered to create more supportive conditions should authorities take official action.

Katayama also stated that Japan and the United States remain in close communication regarding exchange rate policy. On Thursday, the yen rebounded sharply from a 40-year low after reports emerged that Japan may no longer signal its intervention plans to the market in advance.

This move surprised traders and helped prompt the unwinding of speculative positions in the yen. Furthermore, the yen also received support from a weaker US dollar after weaker-than-expected US employment data led the market to cut expectations for a Federal Reserve interest rate hike this year. (asd)

Source: Newsmaker.id

Related News

USD/JPY

Japanese GDP Disappoints, BOJ Rate Hike Expectations Ease

The USD/JPY pair started the week with gains, breaking through the 153.00 level in the Asian session, breaking a five-day los...

16 February 2026 08:21
USD/JPY

Japanese Yen Holds Near 6-Month High

The Japanese yen strengthened to 142.5 per dollar on Monday, near its highest in more than six months, as rising trade uncert...

14 April 2025 11:23
USD/JPY

Japanese Yen Remains Strong Amid Expectations Of Aggressive...

The Japanese Yen (JPY) remained firm against its US counterpart for the third straight day on Monday (02/06) and looks set to...

2 June 2025 09:54
USD/JPY

Japanese Yen Rises After Upper House Election

The Japanese yen rose toward 148 per dollar on Monday, recovering some of last week's losses after the ruling coalition lost ...

21 July 2025 07:57
BIAS23.com BIAS23.com NM23 Ai