The Japanese yen appreciated past 161 per dollar on Friday, extending a nearly 1% gain in the previous session, as Finance Minister Satsuki Katayama reiterated that authorities stand ready to intervene at any time to support the currency. Her comments came amid growing speculation over another round of intervention, with thin liquidity during the US holiday weekend seen as creating favorable conditions for official action. Katayama also said Japan and the US remain in close communication on foreign exchange policy. On Thursday, the yen rebounded sharply from 40-year lows after reports suggested Japan may stop signaling intervention plans in advance, catching traders off guard and helping unwind speculative positions against the currency. The yen also drew support from a weaker dollar after softer-than-expected US jobs data prompted traders to reduce expectations for Federal Reserve rate hikes this year.

The USD/JPY exchange rate rose to 161.2680 on July 3, 2026, up 0.16% from the previous session. Over the past month, the Japanese Yen has weakened 0.78%, and is down by 11.67% over the last 12 months. Historically, the USDJPY reached an all time high of 358.44 in January of 1971. Japanese Yen - data, forecasts, historical chart - was last updated on July 4 of 2026.

The USD/JPY exchange rate rose to 161.2680 on July 3, 2026, up 0.16% from the previous session. Over the past month, the Japanese Yen has weakened 0.78%, and is down by 11.67% over the last 12 months. The Japanese Yen is expected to trade at 160.28 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 156.96 in 12 months time.



Crosses Price Day Year Date
USDJPY 161.3650 0.2575 0.16% 11.74% Jul/03
EURJPY 184.5290 0.3615 0.20% 8.50% Jul/03
GBPJPY 215.4287 0.4098 0.19% 9.30% Jul/03
AUDJPY 111.9575 0.4330 0.39% 18.47% Jul/03
NZDJPY 92.1556 0.3565 0.39% 5.42% Jul/03
CNYJPY 23.7828 0.0516 0.22% 17.97% Jul/03
CHFJPY 200.8990 0.3975 0.20% 10.58% Jul/03
CADJPY 113.6693 0.0694 0.06% 6.97% Jul/03
MXNJPY 9.2390 0.0201 0.22% 19.40% Jul/03
INRJPY 1.6913 0.0039 0.23% 0.39% Jul/03
BRLJPY 31.1924 0.3390 1.10% 16.61% Jul/03
RUBJPY 2.0862 0.0074 0.36% 13.76% Jul/03
KRWJPY 0.1055 0.0009 0.83% -0.48% Jul/03
IDRJPY 0.0090 -0.00001 -0.12% 0.44% Jul/03
ARSJPY 0.1084 0.0002 0.15% -6.83% Jul/03
CZKJPY 7.6500 0.0375 0.49% 10.72% Jul/03
DKKJPY 24.6851 0.0447 0.18% 8.25% Jul/03
HUFJPY 0.5222 0.0026 0.50% 22.31% Jul/03
MYRJPY 39.6286 0.1424 0.36% 15.83% Jul/03
 Currencies
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 ...JPY



Related Last Previous Unit Reference
Japan Inflation Rate 1.50 1.40 percent May 2026
United States Inflation Rate 4.20 3.80 percent May 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jun 2026
Japan Interest Rate 1.00 0.75 percent Jun 2026
United States Unemployment Rate 4.20 4.30 percent Jun 2026
Japan Unemployment Rate 2.50 2.50 percent May 2026

Japanese Yen
The USDJPY spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the JPY. While the USDJPY spot exchange rate is quoted and exchanged in the same day, the USDJPY forward rate is quoted today but for delivery and payment on a specific future date.
Actual Previous Highest Lowest Dates Unit Frequency
161.27 161.11 358.44 75.55 1971 - 2026 Daily

News Stream
Yen Extends Gains Amid Katayama Remarks
The Japanese yen appreciated past 161 per dollar on Friday, extending a nearly 1% gain in the previous session, as Finance Minister Satsuki Katayama reiterated that authorities stand ready to intervene at any time to support the currency. Her comments came amid growing speculation over another round of intervention, with thin liquidity during the US holiday weekend seen as creating favorable conditions for official action. Katayama also said Japan and the US remain in close communication on foreign exchange policy. On Thursday, the yen rebounded sharply from 40-year lows after reports suggested Japan may stop signaling intervention plans in advance, catching traders off guard and helping unwind speculative positions against the currency. The yen also drew support from a weaker dollar after softer-than-expected US jobs data prompted traders to reduce expectations for Federal Reserve rate hikes this year.
2026-07-03
Yen Rebounds Amid Intervention Fears
The Japanese yen jumped nearly 1% toward 161 per dollar on Thursday before trimming its gains, rebounding from four-decade lows as traders stayed on high alert for possible currency intervention. The move followed a Reuters report that Japan may stop signaling its intervention plans in advance, unlike before the April 30 operation, with the new approach potentially proving more effective in catching traders off guard and unwinding speculative bets against the yen. The yen also found some support after Federal Reserve Chair Kevin Warsh said US inflation expectations had eased over the past month, signaling there was no urgency to raise interest rates. Meanwhile, investors remain skeptical that the Bank of Japan will accelerate policy tightening as it continues its gradual normalization path, with persistent carry trades and the still-wide interest rate differential between Japan and the US continuing to weigh on the currency.
2026-07-02
Yen Languishes at 40-Year Low
The Japanese yen hovered around 162.5 per dollar on Thursday, remaining at its weakest level in four decades and keeping traders on alert for possible currency intervention ahead of a US public holiday, when thinner market liquidity could magnify the impact of any official action. Finance Minister Satsuki Katayama said on Wednesday that authorities would respond appropriately to currency market developments at any time, reiterating previous warnings. The yen also stayed under pressure against the dollar even after Federal Reserve Chair Kevin Warsh said US inflation expectations had eased over the past month, signaling there was no urgency to raise interest rates. Meanwhile, investors remain skeptical that the Bank of Japan will accelerate policy tightening as it continues along its gradual normalization path, with persistent carry trades and still-wide interest rate differential between Japan and the US weighing on the yen.
2026-07-02