The USD/JPY currency pair experienced a sharp decline of 0.75%, trading near the 155.80 level during the European session on Tuesday. This downturn is attributed to a fragile US Dollar, which has been struggling against a backdrop of mixed economic data and ongoing concerns about inflation.
Market participants are closely monitoring potential intervention calls from Japan, as the government seeks to stabilize the exchange rate amid the yen's depreciation. Traders are weighing the implications of these developments, with the potential for increased volatility in the USD/JPY pair if Japan takes action to support its currency.
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Data Source: FX Killer Analysis Team Updated: 2025-12-23 11:40
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.