{"id":16679,"date":"2025-02-20T05:49:56","date_gmt":"2025-02-20T05:49:56","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=16679"},"modified":"2025-02-20T05:49:56","modified_gmt":"2025-02-20T05:49:56","slug":"japanese-yen-surges-to-a-two-month-high","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/japanese-yen-surges-to-a-two-month-high\/","title":{"rendered":"Japanese Yen Surges to a Two Month High"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/download-9-1024x559.png\" alt=\"\" class=\"wp-image-16686\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Key Points<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Yen strengthens past \u00a5151 per dollar<\/strong>, hitting a two-month high.<\/li>\n\n\n\n<li><strong>Trump\u2019s 25% tariff plan reignites trade war fears<\/strong>, lifting safe-haven demand.<\/li>\n\n\n\n<li><strong>Geopolitical tensions rise<\/strong> as Trump criticises Ukraine\u2019s Zelenskiy.<\/li>\n\n\n\n<li><strong>BOJ rate hike speculation grows<\/strong>, with focus on Friday\u2019s inflation data.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p>The <strong>Japanese yen surged past \u00a5151 per dollar<\/strong>, its strongest level in over two months, as <strong>rising trade war risks and Ukraine conflict concerns<\/strong> pushed investors toward safe-haven assets.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">US President Donald Trump denounced Ukrainian President Volodymyr Zelenskiy, calling him \u2018a dictator without elections.\u2019 This followed Zelenskiy&#39;s remark that Trump was trapped in a Russian disinformation bubble about the Russia-Ukraine war <a href=\"https:\/\/t.co\/RwSb8LDs0U\">https:\/\/t.co\/RwSb8LDs0U<\/a> <a href=\"https:\/\/t.co\/ZfXePf0KPp\">pic.twitter.com\/ZfXePf0KPp<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1892405312550031381?ref_src=twsrc%5Etfw\">February 20, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Donald Trump\u2019s <strong>announcement of <a href=\"https:\/\/www.msn.com\/en-us\/money\/markets\/trump-floats-25-tariffs-on-us-auto-drug-chip-imports\/ar-AA1zjtom?ocid=BingNewsSerp\" title=\"\">25% tariffs<\/a><\/strong> on automobiles, semiconductors, and pharmaceuticals stoked fears of <strong>global trade retaliation<\/strong>, lifting demand for the yen. Meanwhile, tensions escalated after <strong>Trump called Ukrainian President Volodymyr Zelenskiy a dictator<\/strong>, raising concerns over US-Russia peace talks and <strong>Kyiv\u2019s exclusion from negotiations<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">BOJ Rate Hike Bets Add to Yen Strength<\/h2>\n\n\n\n<p>The yen\u2019s rally was also driven by <strong>expectations that the Bank of Japan (BOJ) will continue raising rates in 2025<\/strong>. While the central bank has not committed to a <strong>March hike<\/strong>, traders see signs of further tightening, making Friday\u2019s <strong>inflation data a key catalyst<\/strong> for the yen\u2019s next move.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis: Yen Strength Could Extend<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/2-8-1024x449.jpg\" alt=\"\" class=\"wp-image-16764\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Image: USD\/JPY slides toward 150.175, with bearish momentum dominating as the Yen&#8217;s strength continue to build. Learn more on the&nbsp;<a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a>.<\/em><\/p>\n\n\n\n<p>USDJPY dropped <strong>0.77%<\/strong>, closing at <strong>150.291<\/strong> from an open of <strong>151.457<\/strong>, as the yen gained strength. The session ranged between <strong>151.438<\/strong> and <strong>150.175<\/strong>.<\/p>\n\n\n\n<p><strong>Moving averages (MA 5,10,30)<\/strong> confirm bearish momentum, with price action trending lower. <strong>MACD (12,26,9)<\/strong> shows a deepening bearish divergence, signaling sustained downside pressure. <strong>Support is at 150.175<\/strong>, while <strong>resistance stands at 152.307<\/strong>. A break below support may fuel further yen gains, while any rebound toward resistance could trigger renewed selling.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Market Outlook<\/h2>\n\n\n\n<p>The <strong>yen remains in a strong position<\/strong>, benefiting from <strong>safe-haven demand, BOJ rate expectations, and trade war fears<\/strong>. If Friday\u2019s <strong>inflation data supports further tightening<\/strong>, the yen could extend gains. However, uncertainty over <strong>BOJ policy and US economic developments<\/strong> may trigger volatility in <strong>USD\/JPY<\/strong>.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a><\/strong><strong>&nbsp;and&nbsp;<\/strong><strong><a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a><\/strong><strong>&nbsp;now.<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.vtmarkets.com\/#facebook\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yen strengthens as USD\/JPY drops to \u00a5150.17, closing at \u00a5150.29. Trade war fears and BOJ rate hike bets fuel demand. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":66,"featured_media":16686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[45],"class_list":["post-16679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-yen"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/16679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/comments?post=16679"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/16679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media\/16686"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media?parent=16679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/categories?post=16679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/tags?post=16679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}