💱US Dollar/Japanese Yen FX Spot Rate
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Japan's trade deficit widens, yen weakens beyond 163 per dollar, keeping markets alert for possible intervention.
Impact on assets 1
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Japan's trade balance swung to a deficit of 406.9 billion yen in June 2026, reversing from a surplus of 122.3 billion yen a year earlier and far exceeding market expectations of a 120 billion yen gap. Exports surged 19.3% year-on-year to a three-month high of 10,929.0 billion yen, the strongest growth since November 2022, while imports jumped 25.4% to a record 11,335.9 billion yen, marking the fastest expansion since November 2022. The Nikkei 225 Index rose 2% to above 67,000 and the broader Topix Index gained 1% to 4,055, while the yen weakened beyond 163 per dollar, its lowest since October 1986, keeping markets on alert for possible government intervention.
Japan's trade deficit widens, yen weakens beyond 163 per dollar, keeping markets alert for possible intervention.