Published: 2025-10-23T02:16:14.000Z
USD/JPY flows: Regaining traction
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Weekly high for USD/JPY
The USD/JPY continues to climb on Thursday. With Takaichi elected as PM and formed her own cabinet, there does not seem to be much support for the JPY. Market participants are diverged on their timing of BoJ hike but generally see a hike by December or January 2026. We will have to wait and see the details of Takaichi's policy before assessing their impact.
USD/JPY is trading 0.29% higher at 152.40.