USD/JPY has surged to a 10-month high as the yen remains the weakest major currency, driven by political pressure for looser policy and rising intervention risk. Verbal warnings from Japan’s Finance Minister and today’s closely watched Ueda–Takaichi meeting could spark sharp volatility. Technical signals now point to fading upside momentum and the potential for a short-term bearish reversal.
18-11-2025 05:11 GMT
by Kelvin Wong