The Japanese Yen (JPY) gained traction against a weaker US Dollar (USD) during the Asian session on Monday, driven by a heightened demand for safe-haven assets. This movement has led the USD/JPY currency pair to remain subdued, trading below the mid-157.00s level.
Market sentiment was influenced by a combination of factors, including geopolitical tensions and mixed economic data from the US, which contributed to the dollar’s retreat. As traders sought stability, the exchange rate dynamics underscored the Yen's resilience, positioning it as a preferred option amidst market volatility.
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Data Source: FX Killer Analysis Team Updated: 2025-12-22 06:34
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.