Yen exchange rate recovers but still under pressure from USD

    Huyền Mai |

    The Japanese Yen recovered slightly against the US Dollar today but is still under pressure to depreciate.

    According to FXStreet, the Japanese Yen (JPY) has recovered slightly against the US Dollar (USD). Today (October 10), one USD is worth 149 Yen.

    However, the yen remains under pressure to depreciate. The dollar has maintained its strong momentum, reaching an eight-week high, as traders await U.S. consumer inflation data, making them more cautious about betting on the yen.

    Separately, data on Tuesday showed Japan's real wages fell in August after two months of gains, along with a drop in household spending, raising concerns about the strength of personal consumption and the economic recovery.

    This, coupled with outspoken statements on monetary policy from Japanese Prime Minister Shigeru Ishiba, has increased uncertainty about a rate hike by the Bank of Japan (BOJ), putting pressure on the Yen.

    The recent widespread weakening of the Japanese Yen amid uncertainty over the Bank of Japan's plans to raise interest rates, coupled with the rising wave of the US Dollar, has pushed the USD/JPY pair to the 149.35 zone. This is the highest level since mid-August, showing a strong weakening of the Yen against the USD.

    Overall, investors are awaiting the US consumer price index (CPI) report along with the producer price index - which could influence expectations of the Fed's interest rate cut path and impact the USD/JPY pair.

    According to Lao Dong, at 6:00 p.m. on October 10, the exchange rate of the Japanese Yen against the US dollar is currently hovering around 148.9-149.55 JPY/USD, a slight decrease compared to yesterday, showing the recovery of the Yen.

    (See more news about exchange rates HERE)

    Bieu do ty gia cap tien USD/JPY ngay 10.10. Anh: Investing.com.
    USD/JPY exchange rate chart on October 10. Photo: Investing.com.
    Huyền Mai
    RELATED NEWS
    Mr. Le Van Quyet - Chairman of the Trade Union of 19.5 One Member Limited Liability Company (4th from the left) and leaders of the People's Police Trade Union visit and give gifts to union members suffering from dangerous diseases. Photo: Quynh Chi

    The prestige of trade union officials is built from capacity and dedication to union members

    |

    This is the sharing of Mr. Le Van Quyet - Chairman of the Trade Union of 19.5 One Member Limited Liability Company (Department H08, Ministry of Public Security).

    Each emulation movement is a place to nurture the aspiration to contribute

    Each emulation movement is a place to nurture the aspiration to contribute

    |

    Emulation movements launched by the Trade Union are arousing the spirit of creativity, responsibility and aspiration to contribute of workers.

    Chairman of the grassroots Trade Union of TKG Taekwang Vina JSC Dinh Sy Phuc (right on the photo) presents gifts to union members and workers. Photo: HAC

    Trade unions continue to strongly focus on grassroots levels, taking workers as the center

    |

    Dong Nai - Chairman of the grassroots Trade Union of TKG Taekwang Vina Joint Stock Company Dinh Sy Phuc expects the Trade Union to continue to strongly focus on the grassroots level, taking workers as the center.

    The report summarizing the recommendations of union members, workers and trade union organizations to the Party and State presented by Mr. Ngo Duy Hieu - Vice President of the Vietnam General Confederation of Labour, proposed considering adding 2 days of holidays on National Day. Photo: Huu Chanh

    Proposing 2 more days off on National Day

    |

    Union members, workers and trade union organizations proposed considering and adding 2 more holidays on National Day.

    Member of the Party Central Committee, Chairman of the Vietnam General Confederation of Labour Nguyen Anh Tuan receives Ms. Sinwon Park - Director of the ILO Office in Vietnam on the afternoon of March 25, 2026. Photo: Trade Union Affairs Committee of the Vietnam General Confederation of Labour provided

    Congratulatory message from international friends to the 14th Vietnam Trade Union Congress, term 2026-2031

    |

    On the occasion of the opening of the XIV Vietnam Trade Union Congress, many national trade union organizations, international trade unions and international partners sent letters, telegrams, and congratulatory messages; expressing solidarity, trust and expectations for the new development of the Vietnam Trade Union in the 2026 - 2031 term.

    Yen exchange rate rises to record level

    Huyền Mai |

    The Yen exchange rate unexpectedly increased beyond the 147.00 mark, reaching its highest level since August 20.

    Yen exchange rate fluctuates unpredictably, what is the new trend?

    Huyền Mai |

    Yen falls on doubts over BoJ rate hike, while markets watch jobs report and Fed speech.

    Yen exchange rate suddenly breaks out

    Huyền Mai |

    The Yen exchange rate has increased sharply due to the recovery of the USD and the dovish policies of the new Prime Minister of Japan.