- The USD/JPY returns to visit the maximum of two months around 148.00 waiting for the US CPI data for June.
- Shigeru ishiba of Japan is expected to gather with the US Scott Besent this week.
- The US inflation is expected to have grown at a faster rate in June.
The USD/JPY pair extends its two -day winning streak on Tuesday, it returns to visit the maximum of two months around 148.00 during the European session. The pair signs firmly amid commercial frictions between the United States (USA) and Japan.
Last week, US president, Donald Trump, imposed 25% tariffs on imports from Japan, which are independent of sectoral taxes, after not being able to close a commercial agreement during the 90 -day tariff pause period. However, Tokyo continues to negotiate trade with Washington to close a commercial agreement before the new deadline of August 1.
Earlier on the day, the Yomiuri newspaper reported that the Japanese Prime Minister, Shigeru Ihiba, is expected to meet with the US Treasury Secretary, Scott Besent, on Friday, while attending the National US Day in the 2025 World Expo.
The imposition of significant tariffs on Tokyo by Washington has kept the Japanese yen (JPY) in an unfavorable position.
And in Japanese last price 7 days
The lower table shows the rate of change of Japanese Yen (JPY) compared to the main coins last 7 days. Yen Japanese was the weakest currency against the Australian dollar.
| USD | EUR | GBP | JPY | CAD | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.36% | 1.20% | 1.27% | 0.05% | -1.04% | 0.11% | -0.18% | |
| EUR | -0.36% | 0.84% | 0.95% | -0.31% | -1.42% | -0.24% | -0.53% | |
| GBP | -1.20% | -0.84% | 0.14% | -1.14% | -2.24% | -1.07% | -1.36% | |
| JPY | -1.27% | -0.95% | -0.14% | -1.23% | -2.32% | -1.12% | -1.36% | |
| CAD | -0.05% | 0.31% | 1.14% | 1.23% | -1.12% | 0.07% | -0.23% | |
| Aud | 1.04% | 1.42% | 2.24% | 2.32% | 1.12% | 1.20% | 0.89% | |
| NZD | -0.11% | 0.24% | 1.07% | 1.12% | -0.07% | -1.20% | -0.29% | |
| CHF | 0.18% | 0.53% | 1.36% | 1.36% | 0.23% | -0.89% | 0.29% |
The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the Japanese yen from the left column and move along the horizontal line to the US dollar, the percentage change shown in the picture will represent the JPY (base)/USD (quotation).
Meanwhile, investors await the US Consumer Price Index (CPI) for June, which will be published at 12:30 GMT. Economists expect US CPI data to have grown at a faster rate. The general CPI is expected to increase 2.7%, faster than 2.4% in May.
Before the US inflation data, the dollar index (DXY), which follows the value of the dollar against six main currencies, quotes near the maximum of three weeks around 98.00.
Economic indicator
Consumer Price Index (Annual)
Inflation or deflationary trends are measured by periodically adding the prices of a basket of representative goods and services and presenting the data such as the consumer price index (CPI). IPC data is collected monthly and are published by the Labor Statistics Office of the USA The interannual reading compares the prices of the goods in the month of reference with the same month of the previous year. The CPI is a key indicator to measure inflation and changes in consumption trends. In general terms, a high reading is considered bullish for the US dollar (USD), while a low reading is considered bassist.
Read more.
Next publication: Mar Jul 15, 2025 12:30
Frequency: Monthly
Dear: 2.7%
Previous: 2.4%
Fountain: US Bureau of Labor Statistics
The US Federal Reserve (FED) has a double mandate to maintain price stability and maximum employment. According to this mandate, inflation should be around 2% year -on -year and has become the weakest pillar of the Central Bank directive since the world suffered a pandemic, which extends until these days. Price pressures continue to increase in the midst of problems in the supply chain and bottlenecks, with the consumer price index (IPC) at maximum levels of several decades. The Fed has already taken measures to tame inflation and it is expected to maintain an aggressive position in the predictable future
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
