## USD/JPY Rallies to 159.15: Political Shifts and Policy Divergence Fuel Yen's Decline
The USD/JPY exchange rate has surged to 159.15 during early Asian trading on Wednesday, marking its strongest position since July 2024. This rally highlights a critical divergence in policy directions between Japan and the United States that traders are now actively pricing into currency markets.
### The Political Catalyst Behind JPY Weakness
Japanese Prime Minister Sanae Takaichi is reportedly considering calling an early general election in February, according to Reuters. Currency strategists view this po
The USD/JPY exchange rate has surged to 159.15 during early Asian trading on Wednesday, marking its strongest position since July 2024. This rally highlights a critical divergence in policy directions between Japan and the United States that traders are now actively pricing into currency markets.
### The Political Catalyst Behind JPY Weakness
Japanese Prime Minister Sanae Takaichi is reportedly considering calling an early general election in February, according to Reuters. Currency strategists view this po