USD/JPY is trading at approximately 155.80 on Monday, reflecting a 0.30% increase for the day. This uptick is primarily driven by a strengthening US Dollar (USD) alongside rising US Treasury yields. The currency pair's movement underscores the current strength of the USD in the foreign exchange market, bolstered by positive sentiment among investors.
However, the recent earthquake in Japan has cast a shadow over the Bank of Japan's (BoJ) monetary policy outlook, adding uncertainty to the Japanese yen (JPY). As traders assess the potential economic impacts, the USD/JPY exchange rate remains sensitive to both US economic data and developments in Japan, making it a focal point for forex market participants.
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Data Source: FX Killer Analysis Team Updated: 2025-12-08 18:30
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.