{"id":120236,"date":"2026-01-13T19:07:32","date_gmt":"2026-01-13T19:07:32","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=120236"},"modified":"2026-01-13T19:07:32","modified_gmt":"2026-01-13T19:07:32","slug":"109935-usd-jpy-yen-weakens-as-election-talks-gathers-pace","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109935-usd-jpy-yen-weakens-as-election-talks-gathers-pace\/","title":{"rendered":"USD\/JPY: Yen weakens as election talks gathers pace"},"content":{"rendered":"<ul>\n<li><strong>The Japanese Yen (JPY) is falling for a sixth day<\/strong><\/li>\n<li><strong>Fiscal dove Takaichi could call a snap election<\/strong><\/li>\n<li><strong>The US Dollar (USD) rises against major peers<\/strong><\/li>\n<li><strong>US core CPI was cooler than forecast at 2.6%<\/strong><\/li>\n<\/ul>\n<p>The US dollar Japanese yen (<a href=\"https:\/\/currencylive.com\/exchange-rate\/1000-usd-to-jpy-exchange-rate-today\/\">USD\/JPY<\/a>) exchange rate is rising for a sixth straight day. The pair rose 0.17% in the previous session, settling on Monday at 158.16. On Tuesday at 18:00 UTC, USD\/JPY trades +0.62% at 159.14 and traded in a range of 157.97 to 159.19.<\/p>\n<p>VN was one of the weakest performers on Tuesday amid growing concerns that the Japanese government will adopt more fiscally expansionist policies in order to boost economic growth.<\/p>\n<p>Prime Minister Sanae Takaichi may call an early general election to capitalise on her popularity and secure a larger majority in parliament. However, the outcome for the yen could be negative, as Takaichi is a dove on both fiscal and monetary policy. Fiscally, she is comfortable with a higher deficit, whilst opposing rapid rate hikes from the Bank of Japan.<\/p>\n<p>The yen&#8217;s weakness is prompting traders to monitor for possible intervention by Japanese authorities in the forex market to shore up the currency.<\/p>\n<p>The US dollar is rising across the board. The US dollar index, which measures the USD against a basket of currencies, is up 0.29% to 98.97, marking a third day of gains.<\/p>\n<p>The US dollar is rising against its major peers despite cooler-than-expected core US inflation.<\/p>\n<p>Opportunity headline inflation, as measured by the CPI, remained unchanged at 2.7% year-on-year in December. Meanwhile, core inflation, which removes more volatile items such as food and fuel go to school affected facts at 2.6% year on year<\/p>\n<p>The data support the view that the Federal Reserve will leave interest rates unchanged in the January meeting. However, the longer-term downward trend in inflation persists, keeping the prospect of rate cuts later in the year on the table.<\/p>\n<p>The market is still pricing in two rate cuts this year. The first rate cut is fully priced in for June.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Japanese Yen (JPY) is falling for a sixth day Fiscal dove Takaichi could call a snap election The US Dollar (USD) rises against major peers US core CPI was cooler than forecast at 2.6% The US dollar Japanese yen (USD\/JPY) exchange rate is rising for a sixth straight day. The pair rose 0.17% in [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":5515,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2675,1381],"tags":[2673,1398,3168],"class_list":{"0":"post-120236","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jpy","8":"category-usd","9":"tag-jpy","10":"tag-usd","11":"tag-usd-jpy"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>USD\/JPY: Yen weakens as election talks gathers pace - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/109935-usd-jpy-yen-weakens-as-election-talks-gathers-pace\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109935-usd-jpy-yen-weakens-as-election-talks-gathers-pace\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109935-usd-jpy-yen-weakens-as-election-talks-gathers-pace\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"USD\\\/JPY: Yen weakens as election talks gathers pace\",\"datePublished\":\"2026-01-13T19:07:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109935-usd-jpy-yen-weakens-as-election-talks-gathers-pace\\\/\"},\"wordCount\":336,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109935-usd-jpy-yen-weakens-as-election-talks-gathers-pace\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100597-gbp-usd-pound-steadies.jpg\",\"keywords\":[\"JPY\",\"usd\",\"usd\\\/jpy\"],\"articleSection\":[\"JPY\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2026\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109935-usd-jpy-yen-weakens-as-election-talks-gathers-pace\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109935-usd-jpy-yen-weakens-as-election-talks-gathers-pace\\\/\",\"name\":\"USD\\\/JPY: Yen weakens as election talks gathers pace - 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