The US Dollar fell against the Japanese Yen in the European trading session, trading below 155.10 levels.
The USD/JPY pair decreased since this morning’s session following the BoJ statements that new rate rises are possible in 2025, given potential inflationary pressures caused by a possible trade war. In Japan, Manufacturing PMI data got released today slightly worse than expected (48.7 vs 48.8 exp). In the US, Manufacturing PMI figures for January (50.1 exp) will be posted (14:45 GMT).