USD/JPY - Overview as of 20.06.2025

Financial and commodity markets analytics


In the currency market, the dollar temporarily weakened against the yen to the 145.00 level, which is still more like a corrective decline that occurred after the publication of inflation data in Japan. The core consumer price index showed a 3.7% rise in May, the highest in more than two years. This increases pressure on the Bank of Japan, which may be forced to resume raising rates despite the risks to the economy from US tariff policy. Food prices, especially rice and chocolate, rose 100% and 27% year-on-year respectively. Nevertheless, the market is still pricing in a rate hike only by December, indicating that investors and the central bank are cautious amid foreign policy uncertainty.