USD/JPY - Overview as of 20.02.2025

Financial and commodity markets analytics


Japan's 10-year government bond yields this week continues to rise as markets are laying out the likelihood of a more more aggressive rate hikes by the Bank of Japan amid steady growth in wages and prices. Economists are forecasting an interest rate increase of up to 0.75% in July or September. In addition, the pressure on the USD/JPY pair is exerted by the The US Federal Reserve discusses plans to suspend balance sheet reduction. Against the background of these factors, the pair USD/JPY overcame the support zone near 152.00. However, now the pair may face the activity of buyers in the range of 149,00-150,50. In order to make trading decisions, it is necessary to monitor market behavior at levels within this range.