Yen is in good times, increasing in value

Yen exchange rate today

According to Lao Dong, on April 16, the Japanese Yen (JPY) continued to increase in value against the USD, gradually pulling the USD/JPY exchange rate back to the mid-142.00 mark. The main reason came from escalating concerns related to US trade policies, causing investors to flock to safe assets such as the Yen.

Latest update, the JPY to USD exchange rate is currently fluctuating around 142.57 USD/JPY; that is, 1 JPY can be exchanged for about 142 JPY.

Yen exchange rate updated on April 16, 2025. Photo: Tradingview.com

The Yen is expected to continue to appreciate.

According to FXStreet, uncertainties from the US side – especially conflicting statements from President Donald Trump – are creating a wave of concern in the market. Although the Trump administration recently announced that it would exempt some electronic products imported from China such as phones and computers from tariffs, Mr. Trump also threatened to impose additional tariffs on other strategic industries such as semiconductors and pharmaceuticals in the near future. In addition, the possibility of tariff exemptions for the automobile industry is still unclear.

All these developments have boosted demand for the yen – one of the traditional safe-haven currencies.

At the same time, the market is also expecting that the Bank of Japan (BoJ) will continue to raise interest rates in 2025. This belief was further reinforced after the release of positive economic data: Japan's core machinery orders in February increased by 4.3%, much higher than forecast, and the highest level in a year.

Manufacturing orders rose 3%, while non-manufacturing orders rose 11.4%. These figures suggest that the business environment is recovering, which could boost investment and increase inflationary pressures – a factor that gives the BoJ reason to continue raising interest rates.

On the other hand, the USD continues to be under pressure as investors lose confidence in the US economy. The recent sell-off in the US Treasury bond market reflects concerns about growth, especially as the Trump administration’s trade policies are seen as potentially damaging. In addition, expectations that the US Federal Reserve will cut interest rates in June and a total of 100 basis points this year have further weakened the USD’s appeal.

Source: https://baoquangninh.vn/dong-yen-gap-thoi-ngay-cang-tang-gia-3353661.html