USDJPY confidently holds above 155.00
The USDJPY rate is rising, having consolidated above 155.00. Today, the market focuses on the minutes of the latest US Fed meeting. Find out more in our analysis for 19 November 2025.
USDJPY forecast: key trading points
Market focus: the minutes of the October Federal Reserve meeting will be published today
Current trend: upward momentum
USDJPY forecast for 19 November 2025: 156.00 or 154.00
Fundamental analysis
On Tuesday, the Japanese government proposed an additional budget exceeding 25 trillion yen to finance Prime Minister Sanae Takaichi’s economic stimulus program – a figure far above last year’s supplementary budget of 13.9 trillion yen.
Meanwhile, Bank of Japan Governor Kazuo Ueda informed the prime minister that the central bank is gradually raising rates to maintain inflation at 2% while supporting stable growth. Ueda also told reporters that the prime minister did not make any specific requests regarding monetary policy.
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