USD/JPY Poised for Another Peak?

Name: USD/JPY Poised for Another Peak?
Uploaded: 2025-01-15T15:12:14+00:00
Description: Market Outlook: Global Indices.

By:

Michael Stark

Updated: Jan 15, 2025, 15:13 GMT+00:00

Market Outlook: Global Indices.

Is the USD/JPY pair on track to retest the 6-month high near ¥161.500?

USD/JPY Price Forecast

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With a strong Dollar just days before the US presidential inauguration and key inflation data set for release, market participants are closely watching the price action.

What could these economic events mean for forex trading this week? Will the pair sustain its bullish momentum, or is a reversal in sight?

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Stay tuned for the latest insights and market outlook.

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About the Author

Michael Starkcontributor

Michael is a financial content manager at Exness. He's been investing for around the last 15 years and trading CFDs for about the last nine. He favors consideration of both fundamental analysis and TA where possible.

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