The Japanese Yen (JPY) continues to struggle against the US Dollar (USD), marking its third consecutive day of decline. This downward trend follows the release of disappointing wage data, revealing that Japan’s real wages fell in November at the steepest rate since January. As a result, the JPY/USD exchange rate remains under pressure, hindering any potential recovery.
Market participants are closely monitoring this development, as weak wage growth could stifle consumer spending and affect Japan's economic recovery. The current trading environment sees the JPY struggling to regain footing, with traders watching for any signs of intervention or policy adjustments from the Bank of Japan to stabilize the currency pair. The persistent weakness could lead to increased volatility in the forex market as investors reassess their positions.
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: 2026-01-08 04:26
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.