01/25/2026 21:15

Release： 01/25/2026 21:15

Update： 01/25/2026 21:15

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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.

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Dollar/yen plunges sharply for the first time in four days.

【1/23Market Overview

During Tokyo time, at the Bank of Japan monetary policy meeting, the decision was to keep rates unchanged as market expectations. Also,2026fiscal yearCPIoutlook is+1.9% from the previous+1.8%159.22円. In European trading, with heightened vigilance over possible currency intervention by the government and the BOJ, a large amount of dollar selling was observed, sending the pair down to the early 157s.157円台前半まで急落。Time, the dollar/yen saw intermittent yen buying and dollar selling flows,155.60円まで下落。