Japan’s Chief Trade Negotiator Ryosei Akazawa said on Tuesday that Tokyo is in discussions with the United States (US) to reduce its reliance on Russia for its energy needs.
Additional comments
Market reaction
During the press time, the USD/JPY pair trades 0.6% lower to near 152.00 as the Japanese Yen (JPY) has been outperforming across the board.
Japanese Yen Price Today
The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the strongest against the British Pound.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.10% | 0.16% | -0.61% | 0.05% | -0.01% | -0.05% | -0.23% | |
| EUR | 0.10% | 0.26% | -0.51% | 0.14% | 0.10% | 0.02% | -0.13% | |
| GBP | -0.16% | -0.26% | -0.75% | -0.11% | -0.16% | -0.22% | -0.40% | |
| JPY | 0.61% | 0.51% | 0.75% | 0.66% | 0.60% | 0.55% | 0.37% | |
| CAD | -0.05% | -0.14% | 0.11% | -0.66% | -0.06% | -0.10% | -0.28% | |
| AUD | 0.00% | -0.10% | 0.16% | -0.60% | 0.06% | -0.05% | -0.23% | |
| NZD | 0.05% | -0.02% | 0.22% | -0.55% | 0.10% | 0.05% | -0.18% | |
| CHF | 0.23% | 0.13% | 0.40% | -0.37% | 0.28% | 0.23% | 0.18% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent JPY (base)/USD (quote).
Source: https://www.fxstreet.com/news/japans-akazawa-intends-to-work-with-the-us-on-critical-minerals-202510280954
