0052 GMT - Market skepticism over Bank of Japan rate increases to 1.00% and higher seems to be limiting JPY strength, Nomura's Global FX Strategy says in a research report. "Despite the BOJ's recent hints about a December hike, JPY's appreciation pressures have not increased much, with USD/JPY staying above 155," it notes. "Investors likely can't fully commit to long JPY positions unless they see more hawkish comments from the BOJ that it's willing to bring the real policy rate level higher than its recent negative value," the members say. USD/JPY is flat at 156.83, LSEG data show. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
December 09, 2025 19:52 ET (00:52 GMT)
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