# Yen advances past ¥150 per dollar as BOJ rate-hike bets ramp up - The Japan Times

> The yen climbed as much as 1% to 149.95 per dollar, its strongest level since December 9, before paring gains. Overnight swaps priced an 84% chance of a BOJ hike by July, and the 10-year JGB yield hit its highest since 2009.

- Date: 2025-02-20 · published 2025-02-20T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/26292-yen-advances-past-150-per-dollar-as-boj-rate-hike-bets-ramp-up-the-japan-times
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Expectations of BOJ tightening are lifting the yen and making dollar-priced imports cheaper for Japan. This is a currency move rather than a supply shock, so it has limited direct effect on feed prices.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- japantimes.co.jp: https://www.japantimes.co.jp/business/2025/02/20/economy/yen-strongest-this-year/

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