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      USD/JPY Falls Below 155 for First Time Since February

      The USD/JPY currency pair has experienced significant downward pressure, breaking below the 155.00 level for the first time since February. This decline follows a brief recovery on Friday and indicates a potential continuation of the downward trend if the break is sustained. The movement below this key level has raised concerns among dip buyers, as it also breached important daily resistance near 155.50.

      Market analysts suggest that the recent shift in the Japanese yen's performance may be influenced by a combination of technical factors and evolving market expectations. Notably, there has been an increase in hawkish sentiment regarding the Bank of Japan's (BOJ) future policy decisions. However, traders appear to have fully priced in these expectations, limiting the potential for significant gains in the yen.

      Additionally, speculation surrounding the Government Pension Investment Fund (GPIF) has emerged, following an unusual meeting held on August 21. This meeting, the first of its kind in a holiday month in seven years, reportedly discussed asset allocation strategies, raising questions about a possible shift towards domestic assets. While the GPIF currently allows for some flexibility in increasing domestic holdings, any formal announcement regarding changes is anticipated later in October.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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