The USD/JPY currency pair has extended its losses, reaching new two-week lows near 154.50. After a brief recovery attempt in the early Asian session on Thursday, where it peaked at 155.50, the exchange rate resumed its bearish trajectory during European trading. This move took the pair below Monday’s low of 154.65, signaling continued selling pressure.
This decline reflects a broader trend as traders react to changing market dynamics. The persistent weakness in the US dollar, influenced by recent economic data and outlooks, has contributed to the downward movement in the USD/JPY. As the pair hovers near these lows, market participants are closely monitoring any potential reversals or further dips in the exchange rate.
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Data Source: FX Killer Analysis Team Updated: 2025-12-04 12:43
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.