# Japanese Yen benefits from reviving safe-haven demand; USD/JPY slumps to nearly two-week low

> The yen gained as buyers returned on expectations of further Bank of Japan rate hikes and rising inflation. Reports that President Trump considered replacing Fed Chair Powell boosted safe-haven demand and weighed on the dollar. USD/JPY fell to nearly a two-week low, and the dollar was at a three-year low.

- Date: 2025-06-26 · published 2025-06-26T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/24471-japanese-yen-benefits-from-reviving-safe-haven-demand-usd-jpy-slumps-to-nearly
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Concerns over Fed independence and a weaker dollar tend to support dollar-denominated commodity prices. Yen strength reduces the local cost of US imports for Japanese buyers.

## Read by commodity

- DXY: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-09-30 | [USD/JPY slumps to near 148.00 as Japanese Yen continues to outperform - The Pound Hub](https://feedsoft.ai/events/23133-usd-jpy-slumps-to-near-148-00-as-japanese-yen-continues-to-outperform-the-pound.md) | +0.1% | +0.4% |
| DXY | 2025-03-31 | [Japanese Yen jumps to over one-week high against weaker USD; seems poised to climb further](https://feedsoft.ai/events/25819-japanese-yen-jumps-to-over-one-week-high-against-weaker-usd-seems-poised-to.md) | -0.5% | -2.8% |
| DXY | 2021-08-31 | [Sterling retreats from two-week high, driven by dollar](https://feedsoft.ai/events/45809-sterling-retreats-from-two-week-high-driven-by-dollar.md) | -0.2% | +0.9% |
| DXY | 2023-07-10 | [US dollar drops to three-week low as Fed rate hikes nearly done](https://feedsoft.ai/events/9980-us-dollar-drops-to-three-week-low-as-fed-rate-hikes-nearly-done.md) | -1.7% | -0.2% |
| DXY | 2020-11-30 | [CAD benefits from USD slide - OFX (US)](https://feedsoft.ai/events/50386-cad-benefits-from-usd-slide-ofx-us.md) | -1.2% | -1.5% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/japanese-yen-approaches-weekly-high-against-a-broadly-weaker-usd-202506260240

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.