The Japanese Yen (JPY) remains under pressure as it trades near recent lows at the week's onset. The USD/JPY currency pair reached a notable high of 157.89 last week, reflecting a significant uptick of approximately 10 big figures since Sanae Takaichi's victory in the LDP leadership election.
With intervention risks escalating, market participants are closely monitoring the situation. The continued weakness of the JPY could prompt the Bank of Japan to consider measures to stabilize the exchange rate amid rising USD strength, further influencing trading dynamics in the forex market.
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Data Source: FX Killer Analysis Team Updated: 2025-11-24 10:47
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.