USD/JPY remains volatile amid shifting risk sentiment and BoJ policy signals. After testing 140.00 support in late April, the pair rebounded to 148.65 on 12 May, driven by optimism around US-China trade. However, weaker US dollar momentum and narrowing US- yield spreads have capped gains. BoJ’s less hawkish outlook and technical weakness below key resistance at 149.00 suggest downside risks remain for USD/JPY.
16-05-2025 08:50 GMT
by Kelvin Wong