yen

According to Gate market data, the US dollar against the Japanese yen (USD/JPY) has fallen more than 0.5% during the day, with the current exchange rate at 155.06.

According to Jinshi reports, the USD/JPY has dropped by 1% during the day, currently at 155.66.

According to Jinshi reports, the USD/JPY touched 157, reaching a new high since January 23, with an intraday increase of 0.11%.

According to Gate market data, the US dollar against the Japanese yen (USD/JPY) has broken through 156, with an intraday increase of 0.17%.

According to Jinshi reports, the USD/JPY has risen nearly 0.4% during the day, with the latest quote at 155.32.

According to Jinshi reports, the US Dollar Index DXY has risen 10 points in the short term, currently at 96.83. The USD/JPY has expanded its intraday gain to 1%, currently at 154.6.

According to Jinshi reports, the USD/JPY has risen above 154, with an intraday increase of 0.61%.

According to Jin10, the USD/JPY has expanded its intraday gain to 1%, currently reported at 153.76. The EUR/USD has seen an intraday decline of 1%, currently reported at 1.1921.

According to Jinshi reports, the USD/JPY has risen above 153, with an intraday increase of 0.51%.

According to Jinshi News, analyst Win Thin stated that the Trump administration is taking calculated risks; while currency depreciation is beneficial, the consequences could be dire if the situation spirals out of control. He pointed out that the weakness of the dollar is worth close attention, and the yen should see some recovery, attempting to reclaim the 150 level. The Bank of Japan is expected to raise interest rates by 50 basis points, while the Federal Reserve is anticipated to cut rates by 75-100 basis points.

BitMEX co-founder Arthur Hayes published an in-depth analysis in his latest article regarding the recent depreciation of the yen and the decline in Japanese government bond prices, which has caused "anomalies" in the global market. He believes this indicates that the Federal Reserve and the Treasury may soon collaborate to directly intervene in the yen and Japanese government bond markets through "money printing" to inject new liquidity into the global fiat currency system.Hayes specifically outlined the possible intervention path: the New York Fed creates dollar reserves and instructs primary dealers like JPMorgan to sell dollars and buy yen in the foreign exchange market to support the exchange rate, and may invest the acquired yen in Japanese government bonds to lower their yields. This operation will lead to an expansion of the "foreign currency-denominated assets" item on the Fed's balance sheet, essentially meaning that the Fed is taking on the interest rate risk of the yen exchange rate and Japanese government bonds through money printing.He analyzed the motives and consequences of this move: aimed at stabilizing the yen and lowering Japanese government bond yields to prevent Japanese investors from massively selling U.S. Treasuries, avoiding uncontrolled increases in U.S. Treasury yields, while enhancing the competitiveness of U.S. exports.This process will increase global dollar liquidity and may simultaneously boost the euro and yuan exchange rates. Hayes pointed out that this "non-QE" style of balance sheet expansion will ultimately provide upward momentum for risk assets, including Bitcoin. In terms of trading strategy, he stated that a rapid strengthening of the yen against the dollar is usually a signal for reducing risk assets. Bitcoin's decline due to the strengthening yen means he will not increase his risk exposure until it is confirmed that the Fed is intervening in the yen and Japanese government bond markets by expanding its balance sheet.He has closed positions in leveraged Bitcoin-related assets such as Strategy and Metaplanet, stating that he will re-enter if his judgment proves correct. In the meantime, his fund Maelstrom continues to increase its holdings in Zcash, while positions in other quality DeFi tokens remain unchanged. He indicated that if the Fed indeed expands its balance sheet to intervene in the currency and bond markets, he will increase his holdings in DeFi assets such as ENA, ETHFI, PENDLE, and LDO.

According to Jinshi reports, the USD/JPY short-term fell by more than 30 points, briefly dropping below the 153 mark, with a daily decline of 0.75%.

According to Jinshi reports, the USD/JPY plunged more than a hundred points in the short term, reaching a low of 153.2.

Co-founder of Sei Labs Jayendra Jog has confirmed his attendance at the "Build and Scale in 2026" themed forum to be held on February 10 in Hong Kong. This event is co-hosted by ChainCatcher, RootData, and Alibaba Cloud, and is one of the important side events of the Consensus HongKong conference.Sei Labs builds open-source technology for the high-performance Layer 1 blockchain Sei Network. The unique optimizations built into Sei Network enable Web3 applications to achieve Web2-level scale and performance, thereby driving the widespread adoption of digital assets. This forum will focus on industry convergence trends, growth paths, and market opportunities in the new cycle, with in-depth discussions around key tracks such as RWA, stablecoins, AI, payments, and DeFi. The event aims to gather high-quality project teams, investment institutions, and developers from around the world to build a high-value industry network and jointly explore future opportunities and value potential in the Web3 ecosystem.Event registration: https://luma.com/md5v6b5z

The yen has recorded its largest increase in six months, sparking speculation about possible coordinated intervention by Japan and the Federal Reserve. After Japanese Prime Minister Fumio Kishida warned of abnormal fluctuations in the yen, the dollar fell from nearly 160 to 155.6 against the yen, marking the strongest single-day gain for the yen in 2026.The New York Fed has reportedly contacted major banks regarding the yen issue, which is often a precursor to coordinated currency intervention. Analysts point out that coordinated intervention could have effects similar to those in 2008, injecting significant liquidity into global markets. CFA Michael Gayed stated that a joint action by the U.S. and Japan could prevent the Bank of Japan from being forced to sell U.S. Treasuries while deliberately allowing the dollar to depreciate to support the yen.A weaker dollar could boost global asset prices, including stocks, commodities, and cryptocurrencies. Bitcoin has a strong positive correlation with the yen and a negative correlation with the dollar. Previously, a slight interest rate hike by the Bank of Japan in August 2024 triggered a $15 billion sell-off in cryptocurrencies, causing Bitcoin to drop from $64,000 to $49,000.

According to Jinshi reports, the USD/JPY exchange rate fell to 154, hitting a new low since November 14 of last year, with a daily decline of 1.11%.

BitMEX co-founder Arthur Hayes posted that if the relevant news is true, it would be "extremely bullish" for Bitcoin (BTC). He analyzed that the logical premise is: the Federal Reserve creates bank reserves through "money printing," then sells dollars to buy yen, thereby indirectly intervening in the yen exchange rate.Hayes pointed out that if the Federal Reserve is indeed manipulating the yen, its balance sheet will show growth in the "foreign currency denominated assets" category, which can be verified in the H.4.1 report published weekly. This viewpoint stems from the recent largest single-day increase in the yen in nearly six months, with the market speculating that Japanese authorities may be preparing to intervene in the exchange rate, while some traders claim that the New York Fed has conducted "rate checks" with major banks, raising associations with the Federal Reserve's involvement.

According to Jinshi reports, the USD/JPY has fallen below 156, marking its lowest level since December 30 of last year, with an intraday decline of 1.5%.

According to Jinshi reports, the USD/JPY has widened its intraday decline to 1%, currently reported at 156.77.

According to Jinshi reports, the USD/JPY exchange rate has fallen to the 157 level for the first time since January 9, with a daily decline of 0.86%.