USDJPY falls after Powell’s comments on a weak labour market
The USDJPY rate remains under pressure amid US dollar weakness and rising demand for safe-haven assets, currently trading at 151.19. Discover more in our analysis for 15 October 2025.
USDJPY forecast: key trading points
Political uncertainty persists in Japan following the collapse of the coalition with the Komeito party
Political events in Japan have increased investor interest in the yen
China’s refusal to import US soybeans has heightened global trade risks
USDJPY forecast for 15 October 2025: 151.30 and 153.20
Fundamental analysis
The USDJPY rate is declining for the second consecutive session. Pressure on the US dollar intensified after Federal Reserve Chairman Jerome Powell highlighted signs of labour market weakness in his recent remarks. These comments reinforced expectations of further interest rate cuts, triggering a sell-off in the dollar.
The yen also strengthened amid political developments in Japan. Markets are watching whether Sanae Takaichi, leader of the ruling Liberal Democratic Party, can assume the role of prime minister following the coalition’s split with the Komeito party. Takaichi supports higher government spending and a continuation of loose monetary policy – typically a bearish factor for the yen but supportive for the stock market.
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