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USD/JPY 2025 Review and the 2026 Risk Range Outlook

USD/JPY commenced 2025 at approximately 157.00, experienced a brief decline below 140.00 in April, and subsequently spent the remainder of the year steadily increasing, concluding December near 156.00, which is roughly 1% lower than its starting point. The trajectory was far from smooth: an April downturn influenced by tariffs and disappointing US data, a significant … Read more