The USD/JPY currency pair is currently exhibiting an intraday negative bias as it heads into the European session on Tuesday. The exchange rate remains under pressure, reflecting a general risk-on sentiment in the equity markets, which reduces the appeal of the traditionally safe-haven Japanese Yen (JPY). Traders are closely monitoring this dynamic as it unfolds.
Despite the Yen's current losses, speculation surrounding potential interest rate hikes by the Bank of Japan (BoJ) could temper further declines. This anticipation of monetary tightening may provide some support for the JPY, suggesting that while the currency pair is facing downward pressure, the BoJ's policy outlook could play a crucial role in stabilizing the exchange rate moving forward.
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Data Source: FX Killer Analysis Team Updated: 2025-12-02 07:21
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.