USDJPY rises to the 153.00 area
The USDJPY rate is on the rise, climbing to around 153.00 following the recent elections in Japan. Discover more in our analysis for 10 October 2025.
USDJPY forecast: key trading points
Market focus: Japan’s PPI rose by 0.3% in September
Current trend: upward momentum persists
USDJPY forecast for 10 October 2025: 154.00 or 152.00
Fundamental analysis
The pair continues its upward trajectory after Sanae Takaichi won Japan’s election for the position of prime minister, reinforcing expectations of increased fiscal spending and a dovish monetary policy stance.
Takaichi stated that the Bank of Japan would conduct policy independently while aligning with government objectives, adding that she aims to avoid excessive yen weakening, although her comments failed to support the currency. Markets now estimate the likelihood of a BoJ rate hike in December at less than 50%, with expectations shifting towards March next year.
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