The USD/JPY currency pair has been climbing rapidly, reaching a multi-decade high as the Japanese yen weakens. The yen’s ongoing decline is influenced by Japan’s loose monetary policy and limited interventions, while U.S. bond yields rise. Higher U.S. yields are drawing investors toward the dollar, increasing pressure on the yen. Speculation around potential shifts in U.S. leadership adds another layer of volatility, as markets consider the implications of a possibly more inflationary U.S. economic stance .
