The USD/JPY currency pair is experiencing downward pressure, trading around 155.05 in the early Asian session on Friday. This movement reflects growing expectations for a potential rate cut by the US Federal Reserve next week, coupled with a backdrop of disappointing economic indicators from the United States. As traders adjust their positions, the US Dollar (USD) continues to weaken against the Japanese Yen (JPY).
Market sentiment is further influenced by the upcoming US PCE inflation data, which is anticipated to provide more clarity on the Fed's monetary policy direction. A softer inflation report could reinforce the case for a rate cut, potentially driving the USD/JPY exchange rate even lower. As the market watches these developments closely, the implications for trading strategies in the forex market remain significant.
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: 2025-12-04 23:18
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.