Three scenarios for Japanese Yen ahead of snap election
The Japanese Yen (JPY) trades in an environment where the country’s politics has once again become a direct driver of the currency.

The Japanese Yen (JPY) trades in an environment where the country’s politics has once again become a direct driver of the currency.
Despite short-term exhaustion, USD/JPY remains in a strong uptrend, with interest rate differentials favoring buyers on pullbacks toward key support zones.
The USD/CHF pair remains stuck below 0.78 as traders await potential Swiss National Bank action, with markets eyeing a breakout or deeper pullback soon.
The S&P 500 fell to test key support at 6800 on Thursday, with traders eyeing a potential bounce as earnings season continues to influence sentiment.
Bitcoin plunged below $70,000 on Thursday amid rising bearish pressure, with on-chain data signaling deeper losses and a potential return to crypto winter.
The Australian dollar weakened Thursday, trading in a tight range between 0.69 and 0.71 as markets assess RBA rate outlook and China’s economic momentum.