Domestic Japanese Yen exchange rate today 5/3/2025:
Update the latest Japanese Yen exchange rates today at banks.
VIB Bank is buying Japanese Yen cash at the lowest price of 167.74 VND/JPY
VIB Bank is buying Japanese Yen transfers at the lowest price of 169.14 VND/JPY
PVcomBank is buying Japanese Yen cash at the highest price of 184.00 VND/JPY
PVcomBank is buying Japanese Yen transfers at the highest price of 186.00 VND/JPY
VIB Bank is selling Japanese Yen cash at the lowest price of 175.80 VND/JPY
VIB Bank is selling Japanese Yen transfers at the lowest price of 174.80 VND/JPY
LPBank and OceanBank are selling Japanese Yen cash at the highest price of 189.88 VND/JPY.
NCB Bank is selling Japanese Yen transfers at the highest price of 188.82 VND/JPY
World Japanese Yen exchange rate today 5/3/2025:
The Japanese Yen (JPY) is showing a slight recovery trend after hitting a three-week low against the USD. The USD's weakness amid investors adjusting positions ahead of the US non -farm payrolls (NFP) report also contributed to the USD/JPY pair falling to the psychological level of 145.00 entering the European trading session.
However, the yen's potential for further gains was limited after the Bank of Japan (BoJ) announced its decision to keep its monetary policy on hold on Thursday.
The BoJ also cut its growth and inflation forecasts, reflecting growing concerns about global trade risks. This has dampened expectations for a new rate hike and dented the yen’s appeal as a safe-haven asset.
Technically, USD/JPY broke the 38.2% Fibonacci level from the March-April decline and moved above 145.00, boosting investor sentiment. Oscillators on the daily chart are also showing a positive trend, suggesting that the pair still has room to rise.
However, the 146.00 area is acting as a barrier, and only if this level is broken can the price move towards the next resistance zone around 146.55-146.60 and further to the 61.8% Fibonacci level at the 147.00 area.
On the other hand, the 145.25 area is considered the nearest support before the 145.00 level. If the price continues to correct deeper, the area around 144.30-144.25 will act as important technical support. A break below this level could trigger a sell-off, dragging USD/JPY below 144.00 and towards the 143.00 area. Investors are now waiting for fresh economic data from the US to determine the next trend of the market.
Source: https://baonghean.vn/ty-gia-yen-nhat-hom-nay-3-5-2025-tang-gia-tro-lai-10296426.html
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