{
  "id": 10562172,
  "title": "Japanese Yen flatlines as Friday's rebound on Trump's concern holds",
  "url": "https://urgent.news/2026/09/28/japanese-yen-flatlines-as-fridays-rebound-on-trumps-concern-holds",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T23:30:00.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/japanese-yen-flatlines-as-fridays-rebound-on-trumps-concern-holds-202609282330"
  },
  "original_language": "en",
  "account": "The Japanese Yen remained relatively stable as market expectations of intervention from the U.S. held sway. On Friday, the USD/JPY exchange rate slipped below 157.00, following a flat trading session on Monday and a decline to 156.50 during the day. Finance Minister Katayama attributed President Trump's concerns about the Yen's weakness at their recent summit in New York to the currency's drop. She stated that further joint intervention between Japan and the U.S. had not been ruled out, but no concrete action was taken immediately. On Wednesday, the MoF reported on its Yen purchases between August 27 and September 28, indicating whether the September 18 rate check would translate into tangible results. A zero would suggest Tokyo relied solely on verbal assurances, while a high number would imply a stance closer to 159.00. The Tankan survey, released later on Wednesday, was expected to show the large manufacturers' index at 25, up from 22, with an outlook at 22 from 17. The Consumer Price Index (CPI), released on Thursday, was forecast to show an inflation rate of 2.4% year-over-year, an increase from 1.8%. The Bank of Japan (BoJ) had raised its policy rate to 1.25% on September 18, suggesting that further rate hikes in Japan were plausible. The US economic data, including core Personal Consumption Expenditures (PCE) inflation at 3.4% and employment figures on Friday, supported the argument for a Federal Reserve rate hike in October. Technical analysis indicated resistance at the 50-day Exponential Moving Average (EMA) near 158.00 and support at Monday's low near 156.50. The Japanese Yen, as one of the world's most traded currencies, is heavily influenced by the performance of the Japanese economy, the Bank of Japan's policy, the yield differential between Japanese and U.S. bonds, and overall market sentiment. The BoJ's monetary policy, including its interventions in currency markets, plays a crucial role in determining the Yen's value. Recent shifts in the BoJ's policy, coupled with the widening policy divergence with the U.S. Federal Reserve, have supported the Yen's strength.",
  "summary": "Japan's Ministry of Finance (MoF) reports on Wednesday how much Yen it bought between August 27 and September 28, which will show whether the rate check reported on September 18 turned into real money.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}