The Japanese yen slipped toward 159 per dollar on Thursday, giving back some of the previous session’s gains as the dollar and oil recovered amid ongoing uncertainty over the US-Iran ceasefire. A senior Iranian official stated that elements of the ceasefire proposal had already been breached following fresh Israeli strikes on Lebanon, while Tehran continued to largely block the Strait of Hormuz. On Wednesday, the yen had rallied as much as 1% after the ceasefire announcement, reflecting Japan’s sensitivity to Middle East oil supply shocks. Meanwhile, a former Bank of Japan official suggested the central bank is likely to raise its policy rate this month to avoid falling behind in controlling inflation. Markets are now closely watching for any signals from BOJ Governor Kazuo Ueda ahead of the April 28 policy announcement, similar to the guidance he provided in December before the last rate increase.
The USD/JPY exchange rate rose to 158.8020 on April 9, 2026, up 0.14% from the previous session. Over the past month, the Japanese Yen has weakened 0.47%, and is down by 9.94% over the last 12 months. Historically, the USDJPY reached an all time high of 358.44 in January of 1971. Japanese Yen - data, forecasts, historical chart - was last updated on April 9 of 2026.
The USD/JPY exchange rate rose to 158.8020 on April 9, 2026, up 0.14% from the previous session. Over the past month, the Japanese Yen has weakened 0.47%, and is down by 9.94% over the last 12 months. The Japanese Yen is expected to trade at 158.37 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 154.42 in 12 months time.