11/25/2025 21:06

Release： 11/25/2025 21:06

Update： 11/25/2025 21:06

Single article

$3.13

Reference price (JPY): ￥500 (taxed)

Series

Terasu Magazine

This is a magazine for upskilling in FX trading. Two features: FX Evangelist Endō's USD/JPY analysis, and former mega-bank chief dealer Hayashi's global analysis of the foreign exchange market.

$25.06/month

Reference price (JPY): ￥4,000/月 (taxed)

Monthly subscriptions are only available on the Japanese site.

Following weak economic indicators and rising expectations of U.S. rate cuts, the USD/JPY fell to the temporarily around the 155 level.

【11/25Market Overview

In Tokyo time, the USD/JPY pair3winding holiday Goto Day (5・10) is approaching, and it rose to156.98yen at the fix, but then, due to expectations of dollar selling by Japanese exporters156.56yen to slow. In European time, with no fresh factors, USD/JPY hovered in the mid-156 yen range.NYtime, the U.S.ADPprivate payrolls came out weak, and9month U.S. retail sales and the same month U.S.PPI,11month U.S. consumer sentiment index underperformed, raising expectations for U.S. rate cuts and prompting dollar selling. Additionally, reports thatNECchairman is the leading candidate for the next Federal Reserve ChairFRB candidatepromoted further dollar selling, and USD/JPY fell to155.80yen at one point.