• Sun, Mar 1, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--
 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

18 August 2025 09:57  |

Japanese Yen Slips as Dollar Rise

The yen weakened to around 147.5 per dollar on Monday as the greenback gained ahead of a key meeting in Washington between US President Donald Trump and Ukrainian President Volodymyr Zelenskiy aimed at advancing a peace deal with Russia.

Investors also looked to the Federal Reserve’s annual Jackson Hole symposium this week for signals on the global interest rate outlook. In Japan, data released Friday showed the economy expanded more than expected in the second quarter, supported mainly by net exports despite headwinds from US tariffs.

Meanwhile, Japanese officials downplayed remarks from US Treasury Secretary Scott Bessent, who said the Bank of Japan was “behind the curve” on policy in what appeared to be an attempt to pressure the central bank to raise rates. BOJ Governor Kazuo Ueda has also maintained a cautious tone, stressing that “underlying inflation” remains below the 2% target

Source: Trading Economics

Related News

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
USD/JPY

Japanese Yen Trades With Positive Bias Against USD; Looks S...

The Japanese Yen (JPY) moved higher against its American rival during the Asian session on Tuesday (4/7) and for now, seems t...

8 April 2025 09:47
BIAS23.com NM23 Ai