--- title: "The Japanese yen rose about 0.7%, briefly surpassing 147" description: "On Wednesday (July 16), at the New York close, the US dollar fell 0.67% against the Japanese yen, reporting at 147.87 yen, with an intraday trading range of 149.18-146.92 yen. The dollar/yen pair shar" type: "news" locale: "en" url: "https://longbridge.com/en/news/248854803.md" published_at: "2025-07-16T21:15:02.000Z" --- # The Japanese yen rose about 0.7%, briefly surpassing 147 > On Wednesday (July 16), at the New York close, the US dollar fell 0.67% against the Japanese yen, reporting at 147.87 yen, with an intraday trading range of 149.18-146.92 yen. The dollar/yen pair sharply dropped to 146.92 yen after media reports indicated that Trump was considering firing Federal Reserve Chairman Jerome Powell, before rebounding. The euro fell 0.36% against the yen, and the British pound fell 0.37% against the yen On Wednesday (July 16), at the New York close, the US dollar fell 0.67% against the Japanese yen, reporting at 147.87 yen, with an intraday trading range of 149.18-146.92 yen, sharply plunging after media reports indicated that Trump was considering firing Federal Reserve Chairman Jerome Powell. At 23:30 Beijing time, it refreshed the daily low to 146.92 yen, and then sharply rebounded. The euro fell 0.36% against the yen, and the British pound fell 0.37% against the yen. The euro rose 0.35% against the US dollar, and the British pound rose 0.30% against the US dollar, while the US dollar fell 0.12% against the Swiss franc. Among commodity currencies, the Australian dollar rose 0.27% against the US dollar, the New Zealand dollar rose 0.09% against the US dollar, and the US dollar fell 0.25% against the Canadian dollar. The Swedish krona rose 0.20% against the US dollar, the Norwegian krone rose 0.31% against the US dollar, the Danish krone rose 0.35% against the US dollar, and the Polish zloty rose 0.63% against the US dollar ### Related Stocks - [DJT.US - Trump Media & Tech](https://longbridge.com/en/quote/DJT.US.md) - [DJTWW.US - Trump Media & Tech - CW28](https://longbridge.com/en/quote/DJTWW.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Trump family business files for trademark rights on any airports using the president's name | The Trump Organization has filed for trademark rights to use the president's name on airports, including the proposed re | [Link](https://longbridge.com/en/news/276154101.md) | | Board of Peace members have pledged more than $5 billion for Gaza, Trump says | Feb 15 (Reuters) - U.S. President Donald Trump said he will announce on Thursday that Board of Peace member states have | [Link](https://longbridge.com/en/news/276009161.md) | | U.S. judge rejects BBC's stay application in Trump defamation case | A U.S. judge has denied the BBC's request to delay the discovery phase in Donald Trump's $10 billion defamation lawsuit | [Link](https://longbridge.com/en/news/275768178.md) | | Trump-linked World Liberty Financial to launch forex remittance platform | World Liberty Financial, a crypto venture linked to Donald Trump's family, plans to launch a foreign exchange and remitt | [Link](https://longbridge.com/en/news/275731183.md) | | Trump Media confirms shareholder-only digital token initiative | Trump Media & Technology Group has confirmed that February 2, 2026, is the record date for its digital token initiative, | [Link](https://longbridge.com/en/news/274565643.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.