Post #15296

Yen on Edge as USD/JPY Tests 155 USD/JPY is hovering just below the key 155.00 resistance — a level that has repeatedly acted as both a ceiling and a trigger for potential intervention talks out of Japan. The yen remains under pressure as BoJ officials maintain an ultra-loose stance, signaling that rate hikes may not come until early 2026. On the U.S. side, the dollar’s strength has cooled after weak employment data and rising expectations for a Fed rate cut in December (now priced around 64%). However, with the government shutdown expected to end soon, upcoming data releases could bring fresh volatility to the pair. If buyers push decisively above 155.00, USD/JPY could test the 157.00 region before meeting serious resistance — but any sharp move higher could invite verbal or even direct intervention from Tokyo.