The USD/JPY currency pair is experiencing a rebound, trading at 155.85 during midday in Europe, recovering from a low of 156.20 reached on Friday. This upward movement comes amid a backdrop of improved risk sentiment, despite ongoing concerns regarding Japanese Prime Minister Takaichi's expansive economic policies, which have contributed to the Yen's decline of approximately 7% since early October.
Market participants are closely monitoring the situation, as speculation mounts around potential intervention by the Bank of Japan to stabilize the Yen. As the exchange rate approaches the key level of 157.00, traders remain vigilant, weighing the implications of both domestic policy changes in Japan and broader global economic conditions that could influence future trading in this major currency pair.
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Data Source: FX Killer Analysis Team Updated: 2025-11-24 14:46
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.