The Japanese yen is currently experiencing a downtrend against the U.S. dollar, with the USD/JPY pair showing a decrease of 0.47%. Market analysts are closely monitoring the situation as risk aversion and U.S. economic trends are influencing currency movements. There is speculation that the Bank of Japan (BOJ) may reconsider its rate hike plans if the yen does not maintain a level above 147, due to potential adverse effects on the global financial system. In the short term, the focus remains on the upcoming U.S. Consumer Price Index (CPI) data, which could further impact the yen's performance in the foreign exchange market.