The USD/JPY currency pair rebounded during the European trading session on Friday, moving back to nearly 156.00 after snapping a two-day losing streak. This resurgence comes amid ongoing speculation regarding potential interest rate hikes from the Bank of Japan (BoJ), which have provided some support for the yen against the dollar.
The exchange rate shift reflects traders' reactions to the shifting landscape of monetary policy, with investors closely monitoring BoJ signals. As the market navigates these developments, the performance of the USD/JPY pair will remain crucial, influencing broader sentiment in forex trading and impacting related currency pairs like EUR/USD and GBP/JPY.
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Data Source: FX Killer Analysis Team Updated: 2025-12-12 13:34
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.