The USD/JPY pair tumbles to near 155.90 during the early Asian session on Tuesday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) after Japanese Prime Minister Sanae Takaichi led the ruling Liberal Democratic Party (LDP) to a historic landslide win.
💡 DMK Insight
The USD/JPY drop to near 155.90 signals a significant shift in market sentiment following Japan’s political developments. Prime Minister Sanae Takaichi’s decisive victory could lead to more aggressive monetary policies, which might further bolster the Yen. Traders should keep an eye on this pair as it approaches key support levels around 155.50. If the Yen continues to strengthen, it could trigger a broader risk-off sentiment, impacting other pairs like AUD/JPY or EUR/JPY. On the flip side, if the USD finds strength from upcoming economic data, we could see a rebound. Watch for any comments from the Bank of Japan regarding future monetary policy, as this could be a game changer for the JPY’s trajectory in the coming weeks.
📮 Takeaway
Monitor the USD/JPY closely around the 155.50 support level; a break could signal further Yen strength and impact related currency pairs.






