The Japanese Yen (JPY) is maintaining a slightly positive bias as it approaches the European session on Tuesday. However, uncertainties surrounding the Bank of Japan's (BoJ) fiscal policies are dampening bullish sentiment. As traders assess the implications of potential monetary policy shifts, the USD/JPY exchange rate remains a focal point, trading at around 148.50, reflecting a cautious market outlook.
Amid this backdrop, the JPY's modest gains against major currencies like the USD and EUR indicate a struggle for momentum. Market participants are closely monitoring economic indicators and central bank signals that could sway the currency pair's direction. With the EUR/JPY exchange rate hovering near 156.00, the lack of conviction among Yen bulls highlights the ongoing complexities influencing the currency market.
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Data Source: FX Killer Analysis Team Updated: 2025-11-25 07:40
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.