No significant events are expected today.

The Japanese yen (JPY) is strengthening across the board following robust November consumer inflation data from Tokyo, Japan’s capital. This supports expectations for another interest rate hike by the Bank of Japan (BoJ) in December. Additionally, geopolitical risks linked to the Russia-Ukraine war, concerns over tariff policies under U.S. President-elect Donald Trump, and a slight deterioration in global risk sentiment are driving safe-haven flows toward the yen.

Meanwhile, the recent drop in U.S. Treasury yields, following the appointment of Scott Bessent as U.S. Treasury Secretary, has been another factor favoring yen strength. The U.S. dollar (USD), on the other hand, remains near a two-week low amid expectations that the Federal Reserve (Fed) will cut rates in December, pushing the USD/JPY pair below the psychological level of 150.00, marking its lowest point since October 21.

Recommendations: Monitor the 150.00 level. If the pair consolidates above it, consider Buy positions; if it rebounds, consider Sell positions.