You can see that we have gapped higher to kick off the trading week on Monday as you would expect now that the bat between the Americans and the Chinese might be over. We just don’t know. We’ve actually seen a calming of tensions from both sides. So that’s a good sign. I think basically, what you have here is a continuation of what we’ve seen. And now we’re starting to focus on Japan again. That of course is because light monetary policy, loose monetary policy is probably coming. And that means yen printing in colloquial terms, we had broken above the 151 yen level an area that I had talked about for a while, and we’ve turned around to show signs of life, all things being equal.
USD/JPY Forecast:US Dollar Resumes Bullish Run Against Yen – 14 October 2025
