Yen Hits 148.56 Against Dollar on February 25, Weakens to 149.96 Following CPI Data on February 27

The Japanese yen has experienced fluctuations against the U.S. dollar, reaching a four-and-a-half-month high of 148.56 yen per dollar on February 25, 2025. Following this peak, the yen traded in the 149 yen range throughout February 26, with reports indicating it hovered around 149.50 yen in Tokyo. By February 27, the yen weakened slightly to 149.96 per dollar, attributed to Tokyo's Consumer Price Index (CPI) data. However, the yen rebounded later that day, rising about 0.2% against the dollar. As of February 28, the yen remained in the 149 yen range, reflecting ongoing market volatility and risk-off sentiment among investors.