Tuesday, 04 November 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Yen Hits 14-Week Low as Dollar, Treasury Yields Surge
Wednesday, 6 November 2024 10:36 WIB | USD/JPY | YenUSD/JPY,

The Japanese yen weakened to around 154 per dollar on Wednesday, hitting its lowest level in 14 weeks as the dollar and US Treasury yields surged after former President Donald Trump took an early lead against Vice President Kamala Harris in the US presidential race.

The results have unfolded largely as expected, with the outcome now hinged on seven key swing states. Domestically, minutes from the Bank of Japan's most recent meeting revealed that board members were in broad agreement on continuing to raise interest rates, as inflation and economic conditions align with the central bank's goals.

However, they also noted that global economic uncertainties and volatility in financial markets will likely influence future policy decisions. At the same time, a private survey showed that sentiment among Japanese manufacturers weakened in November, driven by concerns over softening Chinese demand and ongoing inflationary pressures.

Source : Trading Economics

 

RELATED NEWS
Yen Under Pressure, US Dollar Strengthens, What Will Happen Next?...
Monday, 3 November 2025 10:34 WIB

The Japanese yen remains under pressure against the strengthening US dollar, reaching its lowest level since last February. Markets remain uncertain about when the Bank of Japan (BoJ) will raise inter...

Is the Yen Starting to Fight the Dollar?...
Wednesday, 29 October 2025 09:31 WIB

The Japanese yen strengthened, breaking through 152 per US dollar on Wednesday (October 29th), continuing its two-day rally. Market participants are positioning themselves ahead of this week's Bank of...

USD/JPY gathers strength above 152.50, traders brace for US CPI inflation release...
Friday, 24 October 2025 07:09 WIB

The USD/JPY pair extends the rally to a two-week high near 152.65 during the early Asian session on Friday. The Japanese Yen (JPY) weakens against the US Dollar (USD) as traders weigh fresh US sanctio...

Yen Weakens, Market Doubts BoJ Will Hike Interest Rates Again?...
Monday, 20 October 2025 10:23 WIB

The Japanese yen weakened earlier this week following reports that the Liberal Democratic Party (LDP) and the Japan Innovation Party (JIP) had agreed to form a coalition government. This agreement ope...

USD/JPY posts modest gains above 150.00 on political stability concerns in Japan...
Tuesday, 7 October 2025 06:45 WIB

USD/JPY pair edges higher to near 150.35, the highest since August 1, during the early Asian session on Tuesday. The Japanese Yen (JPY) weakens against the US Dollar (USD) on political stability conce...

LATEST NEWS
RBA Holds Cash Rate, What's the Reason?

The Reserve Bank of Australia (RBA) decided to maintain the cash rate at its current level following its November policy meeting. The RBA assessed that despite improving financial conditions, inflationary pressures remain in the economy,...

Silver Strengthens, But What's the Risk?

Silver prices edged higher today after previously surging to their highest level in over a decade, driven by two main factors: strong industrial demand (particularly from the solar and electronics sectors) and a multi-year supply deficit....

POPULAR NEWS
After Wall Street's Record, Asian Stocks Slump, Why?
Tuesday, 4 November 2025 07:25 WIB

Asian stocks opened lower on Tuesday, reversing Wall Street's rally fueled by Amazon's massive $38 billion deal with OpenAI. Stock markets in South...

Asia Mixed: Nikkei Speeds Up, Kospi Green, HSI Wait & See
Monday, 3 November 2025 08:35 WIB

Asian stock markets moved mixed on Monday, November 3, 2025. Japan led the gains: the Nikkei 225 remained near its record high of around 52.4...

European Stocks Start November With Moderate Gains
Monday, 3 November 2025 16:23 WIB

European stocks opened slightly higher in November, with the STOXX 50 and STOXX 600 gaining 0.2%, after closing near record highs in October....

US ISM Manufacturing PMI declines to 48.7 in October vs. 49.5 expected
Monday, 3 November 2025 22:13 WIB

The economic activity in the United States' (US) manufacturing sector continued to contract in October, with the Institute for Supply Management's...