After Mr. Trump's victory, the USD/JPY exchange rate depreciated to "1 dollar = 156 yen"... Possibility of "end-of-year USD depreciation and yen appreciation" for the third consecutive year, analyzed by international financial analysts.

Although USD/JPY rose to 156 yen in November, it fell below 150 yen towards the end of the month.

After President Trump's victory in the highly anticipated US presidential election, there were many expectations of 'US interest rate hikes = stronger US dollar'. What led to these expectations hitting an early roadblock?

Based on the suggestion of the 52-week moving average, there is a possibility that the US dollar will continue to weaken and the yen will strengthen even after December. With that in mind, the expected range for USD/JPY in December is 145-152 yen (please refer to the forecast for the first week).