The Japanese Yen (JPY) continues to struggle during Thursday's Asian session, remaining under pressure amid ongoing doubts regarding the Bank of Japan's (BoJ) policy direction. Despite Governor Kazuo Ueda's remarks indicating a gradual acceleration of underlying inflation towards the 2% target, the Yen's exchange rate shows little reaction, highlighting its vulnerability in the current market environment.
As traders evaluate the implications of the BoJ's stance, the USD/JPY pair trades near key technical levels, reflecting investor sentiment. The Yen's persistent weakness may encourage traders to look for opportunities in other currency pairs, potentially boosting demand for the US dollar and the euro. With the market's focus on inflation and monetary policy, the outlook for the JPY remains uncertain, suggesting ongoing volatility in forex trading activities.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2025-11-13 02:59
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.