USD/YEN Update 9 December 2025

Broken out of the bull flag

Price has broken higher, but needs to confirm of course, with upside target of 158.30 and support on the downside at trend resistance, 154.90. DXY is consolidating into the FED tomorrow so USD/YEN should move higher, as Japanese 10 year yields approach 2%.

Tomorrow’s FED decision, and more importantly tone in the presser, is the most important in a decade. Not to show markets the way forward but to attempt to regain trust and credibility, whilst appeasing Trump. It’s a tightrope walk.