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USD/JPY Analysis Today 02/01: Eyes On 160.00 Peak (Chart)
(MENAFN- Daily Forex)
- In the first trading session of 2025, the USD/JPY pair continued its upward trend, gaining to the resistance level of 157.77 before stabilizing around 157.18 at the time of writing.
- Overall, the US dollar remains the strongest, as the US Federal Reserve has indicated a more cautious stance on cutting interest rates amid continued inflationary pressures.
- In addition, there are growing expectations that Trump's upcoming policies will support economic growth and halt the easing of monetary policy, which could support the stronger path of the US dollar.

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