USD/JPY Could Reach 157.60 Amid Policy Speculation -- Market Talk

Dow Jones
Nov 20

0022 GMT - The yen could reach as weak as 157.60 against the dollar Thursday amid receding expectations for an immediate rate hike by the Bank of Japan and doubts about a December rate cut by the U.S. Fed, says Sony Financial analyst Kumiko Ishikawa. "Profit-taking is likely at the high end of the dollar-yen range, but if the results [of September U.S. jobs data due later in the day] are stronger than market expectations, the market may further diminish December rate hike speculation, potentially leading to a stronger dollar," she adds. USD/JPY is last at 156.92. (megumi.fujikawa@wsj.com)

 

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November 19, 2025 19:22 ET (00:22 GMT)

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