USDJPY Technical Analysis – The choppy price action continues ...Middle East

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Fundamental OverviewThe US Dollar remains the strongest currency but overall, we haven’t got much action in the past couple of weeks due to the lack of key catalysts and the market’s pricing remaining largely unchanged around roughly three rate cuts by the end of 2025. We saw some interesting moves in other major pairs but that was solely due to the weakness of the other currencies. During the Asian session, we saw the greenback getting a bid as Trump said that he will charge Mexico and Canada a 25% tariff on all products coming into the US and will charge China an additional 10% tariff.On the JPY side, the market is pricing a 62% chance of a rate hike in December and a total of 49 bps of t

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USDJPY Technical Analysis – The choppy price action continues ...Middle East

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