The US Dollar (USD) continued its upward momentum against the Japanese Yen (JPY) on Monday, marking a second consecutive day of gains. The USD/JPY currency pair is currently testing resistance levels around 155.50, which corresponds to December's highs. This movement comes as the safe-haven Yen weakens against its main peers in a relatively stable trading environment.
Market expectations surrounding monetary policy remain a significant driver of this exchange rate movement. As traders assess the implications of central bank decisions, the strength of the USD against the JPY could indicate broader trends in risk appetite and investor sentiment. With the USD testing critical resistance, a sustained breakout above 155.50 could signal further bullish prospects for the Dollar in the near term.
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Data Source: FX Killer Analysis Team Updated: 2025-12-08 13:34
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.