USDJPY will see downside as Japanese economic data remain positive, with recovery ongoing. The BOJ's outlook appears accurate, as the economy continues to progress steadily. Although uncertainties persist, they are unlikely to prevent the BOJ from raising rates in the future. The current account surplus is now Y3.3525 trillion, with a Y2.6911 trillion surplus anticipated. December bank loans increased by 3.1% year-on-year, following rises of 2.9% in November and 2.6% in October. Robust bank loans indicate that Japan Inc is progressing smoothly. There are uncertainties regarding new US Trump administration policies in 2025. Nonetheless, the domestic economy is stable, with trade with the US being the only question. This will be a solid bearish opportunity that will unfold shortly!
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