USD/JPY Falls Below 141.00 Due to Fed-BoJ Policy Divergence

5 days agoUSDJPY is in a downtrend, trading around 140.908 after breaking the support level at 140.500.

The EMA 34 and 89 lines indicate that selling pressure remains dominant. If the price rebounds from this support, the short-term target will be 142.307. Otherwise, if the support breaks, the price may drop to 139.175.

Regarding news: USD/JPY continued to weaken below 141.00 in Friday's Asian session, driven by the policy divergence between the Fed and BoJ, which supported the Yen. Attention now shifts to U.S. sentiment data.