USD/JPY sinks to mid-153.00s in Asian trade Tuesday — its lowest since February 18 — as Japan real wages rose 2.4% in July and Q2 GDP was revised to 1.4% annualized.
The USD/JPY pair declines for the second straight day — also marking the fourth day of a fall in the previous five — and sinks to its lowest level since February 18, around mid-153.00s during the Asian session on Tuesday. A separate daily-chart stamp on the same page shows C153.77 (−0.59 / −0.38%) with session low 153.53.
A government report showed Japan’s real wages climbed 2.4% in July from a year earlier — the biggest increase since May 2021 and the seventh consecutive month of rise. The inflation rate used by the labour ministry to calculate real wages moved above 2% for the first time this year. Revised Cabinet Office data showed the economy expanded at an annualized 1.4% in April–June, revised up from the preliminary 1.1%. Traders now seem to have fully priced in a 25bp hike at the September 17–18 BoJ meeting; renewed speculation of another currency-market intervention by Japanese authorities also underpins the yen — all attributed on this page.
This is a separate URL from Monday’s USD/JPY ~154 and EUR/JPY.
Gold’s Tuesday Asia snap near $4,425.55 is a separate session tape — distinct from this gold / PBOC / USD-JPY / tanker note.
Also see: GBP/JPY Bounces Off Fresh YTD Low Near 207.00, Still Down 0.25% in Mid-208.00s.
Also see: USD/JPY Advances Near 154.15 as Hot PPI Boosts the US Dollar.
Informational only. Not trading advice, signals, or a guarantee of any market outcome.
Written and fact-checked with AI assistance, reviewed by a human editor before publication.
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