The Japanese Yen (JPY) surged to its highest level in over a week against the US Dollar (USD), reaching 138.40 during Monday's Asian trading session. This rise came as the USD weakened broadly amid diverging expectations between the Bank of Japan (BoJ) and the Federal Reserve (Fed). Investors are recalibrating their outlook on monetary policy, favoring the JPY as uncertainty looms over future Fed rate hikes.
As market participants reacted to the shift in sentiment, the USD/JPY currency pair experienced increased volatility. The Yen's strength can be attributed to growing optimism around the BoJ potentially maintaining its accommodative stance, while recent comments from Fed officials hinted at a more cautious approach. This divergence in central bank policies continues to shape trading strategies, influencing exchange rates across major currency pairs, including the Euro (EUR) and British Pound (GBP).
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2025-12-01 04:49
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.