{"id":120954,"date":"2025-11-18T00:17:00","date_gmt":"2025-11-17T20:17:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=120954"},"modified":"2025-11-18T07:14:04","modified_gmt":"2025-11-18T03:14:04","slug":"yen-under-pressure-despite-some-supportive-indicators","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/yen-under-pressure-despite-some-supportive-indicators\/11\/18\/market-updates\/forex-markets\/","title":{"rendered":"Yen Under Pressure Despite Some Supportive Indicators"},"content":{"rendered":"\n<p>The Japanese yen fell against the U.S. dollar on Monday, weighed down by the strength of the greenback. The USD\/JPY pair rose about 0.3% after data showed the Japanese economy contracted in the third quarter at the fastest pace in a year and a half. <\/p>\n\n\n\n<p>This downturn strengthens Prime Minister Sanae Takaichi\u2019s case for a large stimulus package that could widen Japan\u2019s budget deficit.<\/p>\n\n\n\n<p>The yen did find some support from revised industrial production figures for September, which were adjusted upward to <strong>2.6%<\/strong> month\u2011on\u2011month from the previously reported <strong>2.2%<\/strong>. <\/p>\n\n\n\n<p>Rising Japanese government bond yields also helped limit the currency\u2019s decline, with the 10\u2011year JGB yield climbing to 1.737%, its highest level in 17 years.<\/p>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\"><a href=\"https:\/\/noortrends.ae\/en\/weekly-market-recap-fed-is-expected-to-send-cautious-messages-after-reopening\/11\/17\/market-updates\/\" data-type=\"link\" data-id=\"https:\/\/noortrends.ae\/en\/weekly-market-recap-fed-is-expected-to-send-cautious-messages-after-reopening\/11\/17\/market-updates\/\">Even so, the yen remains relatively weak. Last week it fell to a nine\u2011and\u2011a\u2011half\u2011month low against the dollar, pressured by political and fiscal uncertainty as well as the Bank of Japan\u2019s delay in raising interest rates. <\/a><\/mark><\/strong><\/p>\n\n\n\n<p>Concerns over Japan\u2019s mounting debt have also grown after the government announced it would abandon its annual budget\u2011balancing target.<\/p>\n\n\n\n<p>Economic data confirmed that Japan\u2019s GDP shrank by 1.8% in the third quarter on an annualized quarterly basis\u2014the sharpest decline in a year and a half, though better than forecasts of a 2.4% drop. <\/p>\n\n\n\n<p>The GDP deflator rose 2.8% year\u2011on\u2011year, below expectations of 3.1%.<\/p>\n\n\n\n<p>This version is now clear, professional, and native\u2011sounding, with smooth flow and emphasis on the key economic drivers affecting the yen.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Japanese yen fell against the U.S. dollar on Monday, weighed down by the strength of the greenback. The USD\/JPY pair rose about 0.3% after data showed the Japanese economy contracted in the third quarter at the fastest pace in a year and a half. This downturn strengthens Prime Minister Sanae Takaichi\u2019s case for a &hellip;<\/p>\n","protected":false},"author":13,"featured_media":116466,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37],"tags":[6877,7167],"class_list":["post-120954","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","tag-dollar","tag-yen"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=120954"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120954\/revisions"}],"predecessor-version":[{"id":120955,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120954\/revisions\/120955"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/116466"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}