USD/JPY pullback stalls above 153.00 with investors awaiting the Fed

Source Fxstreet
  • The Japanese Yen's recovery attempts remain limited ahead of the Fed's decision.
  • Investors are bracing for a 25 bps cut combined with a hawkishly tilted forward guidance.
  • In Japan, the BoJ is expected to keep rates on hold on Thursday.

The US Dollar maintains its upside trend from early December lows intact. The pair’s reversal from the mid-range of the 154.00s has been contained at 153.20, and the pair is trading sideways on Wednesday, awaiting the Fed’s decision

The US central bank is widely expected to cut rates by 25 basis points but the ensuing monetary policy statement, and, above all, the economic and interest rate projections are likely to show a hawkish tilt.

Macroeconomic figures released this week reveal strong economic activity and buoyant consumption levels, These figures are consistent with higher inflationary pressures and will likely prompt policymakers to scale down the monetary easing projections for next year.

In Japan, on the other hand, the Bank of Japan seems less concerned about the impact of a strong Yen on the country’s inflation. Some board members suggested last week that there is no harm in waiting for next January to hike rates further. This has been weighing on the Yen, which depreciated nearly 3% in a sis-day sell-off before Tuesday.
 

Japanese Yen PRICE Today

The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the strongest against the New Zealand Dollar.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   -0.08% 0.03% 0.08% 0.10% 0.32% 0.40% 0.12%
EUR 0.08%   0.10% 0.18% 0.18% 0.40% 0.49% 0.20%
GBP -0.03% -0.10%   0.06% 0.08% 0.30% 0.38% 0.10%
JPY -0.08% -0.18% -0.06%   0.00% 0.22% 0.29% 0.02%
CAD -0.10% -0.18% -0.08% -0.00%   0.22% 0.30% 0.02%
AUD -0.32% -0.40% -0.30% -0.22% -0.22%   0.07% -0.21%
NZD -0.40% -0.49% -0.38% -0.29% -0.30% -0.07%   -0.28%
CHF -0.12% -0.20% -0.10% -0.02% -0.02% 0.21% 0.28%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent JPY (base)/USD (quote).

 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Markets in 2026: Will gold, Bitcoin, and the U.S. dollar make history again? — These are how leading institutions thinkAfter a turbulent 2025, what lies ahead for commodities, forex, and cryptocurrency markets in 2026?
Author  Insights
Dec 25, 2025
After a turbulent 2025, what lies ahead for commodities, forex, and cryptocurrency markets in 2026?
placeholder
ECB Policy Outlook for 2026: What It Could Mean for the Euro’s Next MoveWith the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
Author  Mitrade
Dec 26, 2025
With the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
placeholder
Gold Price Forecast: XAU/USD keeps looking for direction above $4,500Gold (XAU/USD) trades lower for the second consecutive day on Friday, but remains contained within previous ranges, with downside attempts limited above the $4,500 line for now.
Author  FXStreet
May 22, Fri
Gold (XAU/USD) trades lower for the second consecutive day on Friday, but remains contained within previous ranges, with downside attempts limited above the $4,500 line for now.
placeholder
Gold edges higher above $4,550 on US-Iran peace optimism Gold price (XAU/USD) gains ground to near $4,575 during the early Asian session on Tuesday. The precious metal edges higher as hopes for US-Iran peace negotiations weakened the US Dollar (USD). 
Author  FXStreet
May 26, Tue
Gold price (XAU/USD) gains ground to near $4,575 during the early Asian session on Tuesday. The precious metal edges higher as hopes for US-Iran peace negotiations weakened the US Dollar (USD). 
placeholder
Gold rises to weekly high as US, Iran reach peace dealGold price (XAU/USD) rises to a weekly high during the Asian trading hours on Monday. The precious metal rebounds after the United States (US) and Iran had reached a deal to end their conflict, easing concerns about inflation and higher interest rates.
Author  FXStreet
13 hours ago
Gold price (XAU/USD) rises to a weekly high during the Asian trading hours on Monday. The precious metal rebounds after the United States (US) and Iran had reached a deal to end their conflict, easing concerns about inflation and higher interest rates.
Related Instrument
goTop
quote