14 Agustus 2025, USD/JPY
USD/JPY:
The dollar/yen pair is supported by the wide yield differential between the U.S. and Japan: U.S. Treasury yields remain relatively high, while the Bank of Japan’s dovish stance and ongoing stimulus programs keep Japan’s real rates deeply negative. This structurally weakens the yen and sustains demand for USD against JPY.
Exclusive for our readers – a 202% bonus on deposits of $202 or more! Give the promo code INDEX202 to customer support and start trading with TRIPLED capital. Full promo details are available via the link.
Japan’s trade balance and energy import dynamics make the currency account sensitive to global price fluctuations and to moves in the global dollar, which amplifies trend moves in USDJPY when U.S. yields rise. Verbal interventions by Japanese officials can slow the pace but rarely reverse the trend without support from BoJ policy.
In the short term, the combination of “expensive” dollar yields and dovish BoJ rhetoric creates a likelihood of testing 148.50, where some players may lock in results ahead of new U.S. data.
Trading recommendation: BUY 148.05, SL 147.80, TP 148.50
Up to $20 for each lot in real money - get a guaranteed income by connecting Cashback promotion!