11/30/2025 20:27

Release： 11/30/2025 20:27

Update： 11/30/2025 20:27

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.

The USD/JPY is trading weak and continuing to fall slightly due to the divergence in monetary policy between Japan and the United States.

【11/28Market Overview

During Tokyo time, USD/JPY was on the move as the end-of-month timing approached, with expectations of sizable dollar buying toward the fixing,5・10days (Go-to Day),156.58yen reached. However, afterwards, on the back of actual demand for dollar selling, the upside was limited, and it traded without a clear direction around the low-to-mid 156 yen range. In European trading, with stronger expectations of BoJ rate hikes, and on expectations of FED rate cuts, dollar selling and yen buying led the dollar/yen lower to155.98yen. Thereafter, a rebound buying emerged156.39yen, but when dollar selling flows were observed at the London fix, the upside faded again.