The latest intraday price for USD/JPY is currently 145.80, up by $0.42, or 0.29%, from yesterday's close. This increment reflects shifts in investor sentiment following recent economic data releases. In stark contrast to recent yen resilience, the dollar's moderation appears buoyed by positive revisions to U.S. GDP growth and a heightened consumer confidence index. These developments have perpetuated an upward trajectory in the currency pair, further underscoring a persistent divergence in economic sentiment between the U.S. and Japan. Such movements within the USD/JPY currency pair have broader implications for the currency market's perception of Japanese fiscal policy and U.S. monetary stability. With the Federal Reserve's commitment to a cautious interest rate strategy, analysts like those at Morgan Stanley envisage continued dollar strength through Q4 2025. Conversely, Japan's tepid approach to interest rates has warranted criticism, especially amid the yen's sluggish recovery. This sentiment reflects in the market's increasing drumbeat for Japan to address inflationary inconsistencies. The movement in USD/JPY also influenced Asian stock markets, propelling investor appetite for riskier assets amid expectations of progressive U.S. economic growth. Mark Thompson, a currency strategist at Societe Generale, noted, "The dollar's broad-based support stems directly from robust economic fundamentals. This lends credence to its appreciation against the yen, primarily hampered by geo-economic readjustments." The USD/JPY pairing, therefore, remains a central pivot influencing forex strategy and ultimately investor portfolios. Sigmanomics Pulse Score: 86/100USD/JPY Holds Firm Amid US Economic Confidence
USD/JPY Sees Mild Uptick as Yen Softens
Date
Open
High
Low
Close
2025-06-24
145.60
146.10
145.40
145.55
2025-06-23
145.75
145.98
145.35
145.45
2025-06-22
145.50
145.82
145.40
145.70
2025-06-21
145.35
145.60
145.20
145.45
2025-06-20
145.25
145.55
145.05
145.30
Last Updated 6/29/25
Daily Pivots for day following DD-MMM-YYYY
Weekly Pivots for week ending DD-MMM-YYYY
- The USD/JPY pairing has shown significant volatility, influencing trading strategies.
- Recent technical trends reveal an upward momentum with potential resistance at higher price levels.
- Fundamental analysis indicates steady economic indicators for both the USD and JPY.
USD/JPY Analysis and Forecast
The USD/JPY currency pair is essential in the financial landscape, reflecting the dynamic between two major economies. Its movement is crucial for traders in the forex market.
Overview
The USD/JPY pairing serves as a barometer for economic relations between the United States and Japan. Its exchange rate affects global trade and investment decisions. Recent trends have shown significant shifts, influenced by macroeconomic factors and market sentiment.
Fundamental Analysis
Fundamentals
The USD/JPY is impacted by various economic indicators such as interest rates, GDP growth, and employment data from both countries. Recent reports show a stable U.S. economy with moderate growth, while Japan's economy is recovering post-pandemic.
Price Targets
Analysts have set price targets for USD/JPY based on economic forecasts. JPMorgan predicts a moderate rise to 145.50 by the third quarter of 2025, citing steady U.S. economic performance and Bank of Japan's monetary policy adjustments.
Technical Analysis
Trend
Historical data indicates a persistent upward trend for USD/JPY over the last month. The pair has been trading above the 50-day and 200-day moving averages with a slight deviation of 1.2% from its 20-day average, suggesting a bullish sentiment.
Momentum
Momentum indicators for USD/JPY, including the RSI and MACD, show strong buy signals. The RSI recently surpassed 70, indicating bullish momentum, while MACD continues to rise above its signal line.
- ✅ Flash Liquidity-Turnover Pulse: High liquidity levels supporting current trends.
- ? WhaleFlow Radar: Mixed signals with some large transactions detected.
- ? Buzz-to-Build Index: Lower than average, hinting at potential volatility.
- ✅ Vol-Adjusted Momentum Score: Positive momentum adjusted for volatility.
- Forward View: Proprietary scores calculate trend strength based on market data analysis, indicating potential upward movement.
Forecast
Looking ahead, analysts anticipate continued strength in USD/JPY driven by favorable U.S. economic indicators and a cautious approach by the Bank of Japan. Societe Generale recently projected the pair to reach 146 by early Q4 2025, aligning with investor sentiment.
Conclusion
The USD/JPY remains a closely watched metric in forex markets. While current conditions suggest a bullish trend, traders should remain vigilant for macroeconomic changes and geopolitical events that might influence currency fluctuations.
Key Markets Likely to React to USD/JPY
The USD/JPY influences other markets notably through its impact on international trade and investment dynamics.
- USD/JPY — Affects forex trading strategies with its trend indicators.
- EUR/USD — Often inversely correlated, reacts to USD bullishness.
- XAU/USD — Gold prices can move against USD strength.
Data sourced from financial reports, institutional analyses, and Sigmanomics proprietary models.
Sigmanomics
Subscriptions
- Economic Calendar
- Historical Data
- Forecasts
- Pivot Tables
- Global News
- Education
- Indicators
- Currencies
- Stocks
- Commodities
- Crypto
Latest Analysis
Bitcoin Breaks Records: Surges Past $123K Amid Market Optimism
Bitcoin has broken a new record. The latest rally also saw the value of the entire cryptocurrency ecosystem reach a new high. But, as it is
Trump Raises Tariff Tensions: EU Sounds Alarm as 30% Duties on EU and Mexico Spark Inflation Concerns
Summary The latest threat of tariffs from US President Donald Trump has heightened concerns about inflation and trade disruptions. Trump has signaled a willingness to go
Crytpo outlook – July 2025
What does the second half of 2025 have in store? Table of Contents Risk Disclaimer The information on this page is provided for general information only
Ronald Francois, Senior Strategist
Sigma Corner
Canada’s Export Growth and Imssiport Decline Narrow Trade Gap; USD/CAD Trades at Weekly Support
Canada’s trade deficit in March narrowed to C$506 million compared to expectations of widening to C$1.56 billion. The improvement comes on the back of a larger
Canadian Dollar Weakens Against Major Currencies
Understanding the Canadian Dollar’s Performance The Canadian dollar also known as loonie has lost ground against the most of the major currencies in 2025 through June.
Global Inflation Softens While U.S. Mortgage Market Shows Mixed Signals
The global economy saw a small drop in consumer price growth last month. This indicates a slight easing of inflation pressures. According to Sigmanomics Analytics, the