USD/JPY exhibits fortress near maximum of four months around 151.00 before US NFP data.

  • The USD/JPY remains in profits about a new maximum of four months around 151.00 while the US dollar is firmly traded.
  • President Powell of the Fed points out that there is no hurry for trimming of interest rates.
  • The BOJ keeps the door open for more interest rates.

The USD/JPY pair is firmly quoted by a new maximum of four months around 151.00 during the European session on Friday, previously published in the day. The torque exhibits fortress as the US dollar (USD) extends its rise, with operators by reducing bets in favor of interest rate cuts by the Federal Reserve (Fed) at the September policy meeting.

During European negotiation hours, the US dollar index (DXY), which tracks the value of the dollar against six main currencies, publishes a new maximum of two months about 100.20.

American dollar today

The lower table shows the percentage of US dollar change (USD) compared to the main coins today. US dollar was the strongest currency against the New Zealand dollar.

USD EUR GBP JPY CAD Aud NZD CHF
USD 0.10% 0.34% -0.20% 0.19% 0.12% 0.64% 0.42%
EUR -0.10% 0.34% -0.29% 0.16% 0.15% 0.40% 0.38%
GBP -0.34% -0.34% -0.57% -0.18% -0.19% 0.26% 0.06%
JPY 0.20% 0.29% 0.57% 0.38% 0.33% 0.72% 0.62%
CAD -0.19% -0.16% 0.18% -0.38% -0.10% 0.45% 0.24%
Aud -0.12% -0.15% 0.19% -0.33% 0.10% 0.46% 0.37%
NZD -0.64% -0.40% -0.26% -0.72% -0.45% -0.46% -0.10%
CHF -0.42% -0.38% -0.06% -0.62% -0.24% -0.37% 0.10%

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 US dollar of the left column and move along the horizontal line to the Japanese yen, the percentage change shown in the box will represent the USD (base)/JPY (quotation).

According to the CME Fedwatch tool, the probability that the Fed cuts interest rates at the September meeting has decreased to 39.2% from 58.4% seen a week ago.

Operators reduce the Fed Dovish bets since President Jerome Powell said there is no hurry for interest rate cuts in his press conference on Wednesday, warning that “tariffs have begun to be reflected in consumer prices.”

In addition, the optimistic data of the Gross Domestic Product (GDP) of the second quarter and the high inflation of the June Personal Consumer Expenses Index (PCE) have also forced operators to cut bets in favor of interest rate cuts.

Looking ahead, investors will focus on US non -agricultural payroll data (NFP) for July, which will be published at 12:30 GMT.

Meanwhile, the Japanese Yen (JPY) gains ground since the governor of the Bank of Japan (Boj), Kazuo Ueda, has kept the door open for more increases in interest rates. “We will continue to increase the policy rate if the economy and prices move in line with the forecasts, according to the improvements in the economy and prices,” said Ueda at the press conference on Thursday.

Economic indicator

Fed interest rates decision

The Federal Reserve (Fed) Delibera on monetary policy and makes a decision on interest rates in eight preprogrammed meetings per year. It has two mandates: maintain inflation in 2% and maintain full employment. Its main tool to achieve this is to establish interest rates, both to those that it lends to banks and to those that banks lend each other. If you decide to raise the fees, the US dollar (USD) tends to strengthen since it attracts more foreign capital tickets. If the rates lower, it tends to weaken the USD since capital is drained towards countries that offer greater returns. If the rates remain unchanged, the attention focuses on the tone of the Federal Open Market Committee (FOMC), and if it is a hard line (expectancy of higher interest rates in the future) or moderate (expectation of lower rates in the future).


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Last publication:
LIE Jul 30, 2025 18:00

Frequency:
Irregular

Current:
4.5%

Dear:
4.5%

Previous:
4.5%

Fountain:

Federal Reserve

Source: Fx Street

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