The Japanese yen edged closer to 144 per dollar on Monday, continuing last week’s decline as global trade sentiment improved and the dollar strengthened. Markets responded to a private meeting between Japan’s Finance Minister Kato and U.S. Treasury Secretary Bessent, during which both parties stressed the importance of ongoing discussions on currency matters. Meanwhile, Japan’s trade negotiator is set to visit Washington this week, as the Bank of Japan is expected to maintain interest rates at 0.5%, amid concerns over the economic impact of U.S. tariffs.
Key resistance is at 144.00, with further levels at 145.90 and 146.75. Support stands at 139.70, followed by 137.00 and 135.00.
Key resistance is at 144.00, with further levels at 145.90 and 146.75. Support stands at 139.70, followed by 137.00 and 135.00.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.