News · econotimes.com

Dollar Trades Near ¥158 . 25 Against Yen Before Japan Inflation Data

The dollar traded near ¥158.25 against the yen on Oct. 19, according to FXStreet, and the European Central Bank's reference rates imply a similar rate of about ¥158.25 per dollar. Japan's September consumer inflation data is due before the Bank of Japan's Oct. 29-30 policy meeting. On Sept. 18, the BOJ voted 7-2 to set its overnight call-rate target at around 1.25%, effective Sept. 24, saying underlying inflation is moving toward its 2% target. FXStreet sees the 20-day exponential moving average at ¥157.87 as support, with ¥159 and ¥160 as levels above the market and a possible ¥156 downside depending on a break in a broader chart pattern. Nationwide CPI excluding fresh food rose 1.7% year over year in August.

Summary written by Upside AI from the original article. Read the source for full details.

Read the original on econotimes.com ↗

Keywords

USDJPYexchange ratesJapaninflation

Open a keyword to see other news on the same topic.

Related tickers and likely impact

USD/JPY

• Neutral

Relevance: medium

MarketCurrencies
Close on 10/16/2026157.995
Change that session0.00%
USD/JPY price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • Japan needs higher interest rates

    Koichi Hamada, Yale professor emeritus of economics and former special adviser to Japan's prime minister, argues that Japan needs higher interest rates because the weak yen is straining the economy. The OECD estimates a purchasing-power-parity rate of about 93 yen per dollar, versus an actual range of 150–160, which makes Japanese goods cheap abroad but squeezes importers and pushes up consumer prices. The Bank of Japan raised its policy rate to 1.25% last month, the highest in 31 years, but the author considers this insufficient with US short-term rates near 4% and the carry trade continuing. He urges BOJ Governor Kazuo Ueda to tighten the money supply and raise rates more aggressively.

    interest.co.nz·▼ USD/JPYUSDJPYinterest ratesexchange rates
  • BOJ may need to tighten faster if inflation beats forecast, IMF says933thedrive.com·▼ USD/JPYinflationinterest ratesJapan
  • Japan Electricity Prices Surge 25 % as LNG and Coal Costs Soar

    Japan's nationwide average power price jumped more than 25% week-on-week to $0.19 (31.15 yen) per kWh on Monday, according to Bloomberg citing Japan Electric Power Exchange data. The rise follows surging LNG prices, with the spot price for north-east Asia delivery in December assessed at $29.30 per MMBtu, up from $26.50 a week earlier and the highest since December 2022, as few cargoes exit the Strait of Hormuz and Europe competes for winter supply. Japan and other Asian countries have shifted from gas to coal for power generation, but coal prices have also risen, with the Newcastle futures benchmark up 30% from pre-war levels due to reduced supply from Indonesia. Scheduled maintenance at some power plants ahead of winter also contributed to higher prices this month.

    oilprice.com·▼ USD/JPYelectricityJapannatural gas
  • Japan PM says wont rule out debt issuance to fund tax cut933thedrive.com·▲ USD/JPYJapanbondstaxes
  • USD / JPY Holds Near 158 as Fed Hike Bets Easemarkets.com·▼ DXY▼ USD/JPY▲ PAXG/USDT▲ XAUT/USDTexchange ratesFedJapan
  • Japanese Prime Minister Takaichi Rejects Criticism Around Weak Yen and High Interest Rates

    Japanese Prime Minister Sanae Takaichi has rejected criticism that she is responsible both for the weak yen and for pushing up interest rates. Speaking in parliament in response to opposition lawmaker Yoshifumi Hamano about a second supplementary budget, she said she clearly denied the accusations and that her government will build confidence in the yen through a strong economy. The yen has weakened to its lowest since 1986 and government bond yields have hit multi-decade highs, prompting Tokyo and even Washington to intervene in the currency market. Takaichi said she will appropriately control bond issuance, and Bloomberg reported that total issuance for 2026 will remain unchanged from the original budget plan, though experts were skeptical. Monex's Jesper Koll has said that spending cannot rise without increasing debt.

    CNBC·▲ USD/JPYSanae TakaichiJapanexchange rates

Related markets

Currencies →

Latest news

  • JPMorgan Chase is Delving Further Into National Security With $5 Billion Push

    JPMorgan Chase has invested more than $5 billion in companies supporting U.S. national security and industrial capacity, roughly half its planned decade-long budget in the program's first year. Co-President Doug Petno told CNBC the pace could lead the bank to expand its original $10 billion commitment. Two known recipients are Hadrian, where JPMorgan helped lead a $1.4 billion round, and Castelion, where it joined a round of about $1 billion; those figures are total round sizes, not JPMorgan's own contributions. The bank also says it has financed and facilitated more than $230 billion for industries covered by the initiative, a figure separate from its direct investments.

    Yahoo Finance·• JPM
  • Eric Schmidt’s 1% Anthropic stake sets up massive windfall ahead of IPO -Bloomberg

    Former Google CEO Eric Schmidt holds about 1% of Anthropic after investing tens of millions of dollars in its Series A round, and is poised to reap one of the largest individual windfalls from the AI startup's upcoming IPO. According to PitchBook data cited by Bloomberg, Anthropic was valued at $461 million when Schmidt invested in 2021, while prospective public valuations of $1.8 trillion to $2 trillion would be more than 4,300 times that Series A baseline. At the upper end of that range, his stake could lift his net worth by roughly one-third to nearly $80 billion. Anthropic is expected to begin formal marketing for its IPO as early as the week of Nov. 9, and aims to match or surpass SpaceX's record $1.77 trillion IPO completed in June.

    Yahoo Finance·
  • Bank of America Has Cut Its Share Count by Nearly a Third in 10 Years. $10,000 Invested Then Is Worth About $40,000 Now.

    Bank of America, with $3.4 trillion in total assets, is the second-largest U.S. financial services institution; it bought back $6 billion of stock in the third quarter and $19.2 billion so far in 2026. Its outstanding share count has fallen 32% over 10 years, contributing to a 122% rise in diluted EPS. A total return of 304% through Oct. 16 would have turned $10,000 into about $40,400, below the $42,800 that the overall stock market's 328% total return would have produced. The article notes the shares trade 19% below their peak, at a P/E of 12.5 versus a 10-year average of 13.1.

    Yahoo Finance·
  • Coeur Mining (CDE) Stock Looks Undervalued Despite Recent Market Pressure

    Coeur Mining has posted a very large gain over three years, but its share price has pulled back sharply in recent months while gold and silver prices have been relatively steady. The article attributes the pressure to rising treasury yields and a planned merger that may reshape production and cost profiles. It states the shares, around US$15.33, trade on a P/E of 18.5x, close to the metals and mining industry average of 18.6x and the peer group's 19.9x, and that the Fair Ratio points to the current multiple as undervalued. The piece also outlines scenarios for the company's growth, margins and earnings that readers can compare with the current price.

    Yahoo Finance·• XAU/USD
  • Tech Stocks Power S & P 500 and NASDAQ Higher

    Global markets diverged on Monday: a technology-led rally lifted Wall Street, while Europe declined broadly and Asia-Pacific markets were mixed. The NASDAQ Composite jumped 290.85 points (1.11 percent) to 26,430.89, and the S&P 500 rose 31.29 points (0.41 percent) to 7,690.73. The Dow Jones Industrial Average slipped 36.38 points (0.07 percent) to 51,966.03. In Europe, the FTSE 100 fell 1.08 percent and the DAX dropped 1.18 percent, while in Asia the HANG SENG gained 0.52 percent, the Nikkei 225 fell 0.62 percent and the KOSPI jumped 1.76 percent.

    floridastatesman.com·▲ QQQ▲ SPY▲ NVDA▲ AAPL
  • Billionaire David Tepper’s Appaloosa Management Has 31% of its portfolio Invested in These 2 Artificial Intelligence (AI) Stocks

    David Tepper's Appaloosa Management has about 31% of its public equity portfolio in Micron Technology and Amazon. Micron's fiscal Q4 2026 revenue soared 379% to $54.2 billion, with a non-GAAP gross margin of 87%, but Appaloosa cut its stake by about 41% in Q2, leaving it at 15.06% of the portfolio. Some projections suggest the memory chip shortage could last at least through 2028, while Micron trades at just 7x forward earnings versus an average of 19.7x for information technology stocks. Amazon is Appaloosa's largest holding at almost 16% of the portfolio, and the fund increased its stake by about 15.7% in Q2. Amazon's Q2 revenue rose 20% to $200.6 billion, with AWS net sales of $42.2 billion (up 37%), and capex guidance was raised to $220 billion from $200 billion.

    Yahoo Finance·

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.