USD/JPY down 0.50% intraday, now at 145.17
ByAinvest
Friday, May 9, 2025 3:19 am ET1min read
JPY--
The USD/JPY pair has been on a downward trajectory, losing ground over the past few weeks. The latest data shows a 0.43% decline over the last month and a 7.50% year-to-date (YTD) drop. These trends reflect broader market dynamics, including the impact of tariffs and trade policies on global currencies [2].
The dollar's recent performance has been bolstered by signs of a potential resumption in U.S.-China trade talks. This optimism has been fueled by statements from Chinese state media and U.S. Secretary of State Marco Rubio, indicating that negotiations might restart soon. The Australian and New Zealand dollars have also benefited from this positive sentiment, with the AUD and NZD rising by 0.5% and 0.4%, respectively [2].
The yen, on the other hand, has been under pressure, with the USD/JPY pair reaching a high of 145.91 before pulling back to 145.17. This volatility is partly due to Japan's central bank's decision to hold rates steady and slash growth forecasts, citing uncertainty from U.S. trade policy [2].
The U.S. stock market has also shown resilience, with the S&P 500 and the Dow Jones Industrial Average experiencing an eight-day winning streak. This streak has been supported by tech earnings and a better-than-expected manufacturing report. However, the sector has been impacted by tariffs, with companies like Apple and Amazon reporting significant costs due to trade policies [2].
Looking ahead, forex traders are bracing for heightened volatility as the Federal Reserve's interest rate decision looms. The USD/JPY pair has been caught in the crosshairs of rate divergence, tariff turmoil, and risk-off flows, but a potential resumption of trade talks could provide a boost to the dollar. The Federal Reserve's decision is expected to hold interest rates steady, but the tone of the post-decision press conference will be critical in shaping market sentiment [3].
References:
[1] https://finance.yahoo.com/quote/JPY=X/
[2] https://www.cryptopolitan.com/dollar-and-stocks-head-for-3rd-weekly-win/
[3] https://www.tradingview.com/news/tradingview:a74a95e9c094b:0-usd-jpy-dollar-to-snap-3-day-losing-streak-as-fed-rate-decision-looms-here-s-what-to-expect/
PY--
SD--
USD--
USD/JPY down 0.50% intraday, now at 145.17
The USD/JPY pair experienced a notable intraday decline of 0.50%, currently trading at 145.17 as of 8:19:53 AM GMT+1. This drop comes amidst growing optimism surrounding potential U.S.-China trade negotiations, which have been a significant driver of market sentiment.The USD/JPY pair has been on a downward trajectory, losing ground over the past few weeks. The latest data shows a 0.43% decline over the last month and a 7.50% year-to-date (YTD) drop. These trends reflect broader market dynamics, including the impact of tariffs and trade policies on global currencies [2].
The dollar's recent performance has been bolstered by signs of a potential resumption in U.S.-China trade talks. This optimism has been fueled by statements from Chinese state media and U.S. Secretary of State Marco Rubio, indicating that negotiations might restart soon. The Australian and New Zealand dollars have also benefited from this positive sentiment, with the AUD and NZD rising by 0.5% and 0.4%, respectively [2].
The yen, on the other hand, has been under pressure, with the USD/JPY pair reaching a high of 145.91 before pulling back to 145.17. This volatility is partly due to Japan's central bank's decision to hold rates steady and slash growth forecasts, citing uncertainty from U.S. trade policy [2].
The U.S. stock market has also shown resilience, with the S&P 500 and the Dow Jones Industrial Average experiencing an eight-day winning streak. This streak has been supported by tech earnings and a better-than-expected manufacturing report. However, the sector has been impacted by tariffs, with companies like Apple and Amazon reporting significant costs due to trade policies [2].
Looking ahead, forex traders are bracing for heightened volatility as the Federal Reserve's interest rate decision looms. The USD/JPY pair has been caught in the crosshairs of rate divergence, tariff turmoil, and risk-off flows, but a potential resumption of trade talks could provide a boost to the dollar. The Federal Reserve's decision is expected to hold interest rates steady, but the tone of the post-decision press conference will be critical in shaping market sentiment [3].
References:
[1] https://finance.yahoo.com/quote/JPY=X/
[2] https://www.cryptopolitan.com/dollar-and-stocks-head-for-3rd-weekly-win/
[3] https://www.tradingview.com/news/tradingview:a74a95e9c094b:0-usd-jpy-dollar-to-snap-3-day-losing-streak-as-fed-rate-decision-looms-here-s-what-to-expect/
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet