USD/JPY surged to an eleven-month high as it traded around 157.65, reflecting a 0.45% increase for the day. The currency pair reached a peak of 157.88 earlier, driven by ongoing pressure on the Japanese Yen amid mixed signals from the US labor market.
The latest jobs data revealed inconsistent trends, contributing to volatility in the exchange rates. Traders are closely monitoring these developments, as they could influence future monetary policy decisions and further impact the USD/JPY trajectory in the days ahead. With the Yen's weakness persisting, the focus remains on potential interventions by the Bank of Japan to stabilize the currency.
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Data Source: FX Killer Analysis Team Updated: 2025-11-20 15:43
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.