JPY

Japan final February Services PMI 53.7 (prior 53.0)

Japan prime minister Ishiba says not pursuing so-called currency devaluation policy

• Remarks by Japan prime minister, Shigeru Ishiba

Japan PM Ishiba says not pursuing a currency devaluation policy

• Japan PM Ishiba disgreeing with Trump's accusations

Japan Q4 Corporate Capex falls 0.2%, tepid domestic demand

• An input to revised GDP figures due on March 11.

More background on why Trump threatened Japan and China over currency deprecation

• Trump said devaluing currencies against the USD put American industries at a disadvantage.

Japan finance minister Kato says Japan is not devaluing the yen

• Won't comment on what Trump has to say

Japan January Unemployment Rate 2.5% (vs. 2.4% expected)

• Japanese labour market data for January 2025

Trump's threat to Japan (re the weak yen) was forewarned during Asia on Monday morning

• Washington had earlier signaled that it could treat currency manipulation as a nontariff barrier that could trigger a counter levy from the U.S

USD/JPY falls as the mood in markets sours

• More signs of creeping weakness in the US

USDJPY Technical Analysis – The risk sentiment remains fragile

• The USDJPY pair is consolidating around a key resistance level. What’s next?

Japan top FX diplomat says small, medium firms also have strong prospects on wage hikes

• Remarks by Japan top FX diplomat, Atsushi Mimura

Japan final February Manufacturing PMI 49.0 (prior 47.7)

• Headwinds from weak global demand and trade policy uncertainties.

Japanese media says the BoJ could face US pressure to hike rates

• Nikkei (Japan media) report

USD/JPY shows some life in final stretch of the week

• The pair shoots up above 150.00 to its highest level since last Friday

Japan Housing Starts for January -4.6% y/y (expected -2.6%)

• USD/JPY is circa 149.70