USD/JPY has risen to just shy of 147.50

  • A solid bounce for USD/JPY after Friday's sell-off on Powell at Jackson Hole
usdyen bounce 25 August 2025 2

Federal Reserve Chair Powell spoke on Friday, sending the dollar lower:

USD/JPY has bounced back on a retracement move so far in the Asia morning here.

There is no fresh news, although Bank of Japan Governor Ueda spoke on Saturday:

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I tend to view the move like we got on Friday as a 'gap', even though, officially, its not. Which then leads me to expect it to fill. But ... I don't want to be one of those guys that keeps prattling about the gap filling for years and years until it does ;-)

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