The Japanese Yen (JPY) continues to weaken, slipping 0.1% against the US Dollar (USD) and reaching fresh multi-month lows not seen since January. According to Scotiabank’s Chief FX Strategists, Shaun Osborne and Eric Theoret, this downward trend highlights the Yen's vulnerability amid ongoing market dynamics.
As the exchange rate for the JPY/USD pair declines, traders are closely monitoring the implications for Japan's economy and monetary policy. The persistent softness in the Yen could impact import costs and inflation, potentially influencing future Bank of Japan decisions. Market participants remain cautious as they navigate this evolving landscape, weighing the Yen's performance against other major currencies such as the Euro (EUR) in the forex market.
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Data Source: FX Killer Analysis Team Updated: 2025-11-20 14:43
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.