The USD/JPY currency pair is experiencing modest gains, hovering around 158.65 during early Asian trading on Friday. This movement follows a positive shift in the US Dollar (USD), bolstered by a decline in Initial Jobless Claims. As traders react to the robust employment data, the exchange rate reflects growing confidence in the US economy.
Looking ahead, the market will focus on the upcoming US December Industrial Production report, which could further impact the USD/JPY pair. Any strong figures could reinforce the USD's upward momentum, potentially driving the exchange rate above critical resistance levels. As the trading day progresses, investors will closely monitor these developments to gauge future direction.
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Data Source: FX Killer Analysis Team Updated: 2026-01-15 23:20
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.