The USD/JPY currency pair continues its upward trajectory, trading at approximately 155.40 on Tuesday, marking a gain of 0.10% for the day. This movement has pushed the exchange rate to a fresh ten-month high, driven primarily by the dovish stance of the Bank of Japan, which has weighed heavily on the yen.
As traders keep a close eye on upcoming US economic data, the implications for the USD remain significant. A strong performance in US data could further bolster the dollar, potentially increasing the divergence between US and Japanese monetary policies and fueling further gains for the USD/JPY pair in the near term.
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Data Source: FX Killer Analysis Team Updated: 2025-11-18 14:44
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.