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USD/JPY falls below 145 by November 2026 due to bond demand

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user-generated· macro

USD/JPY falls below 145 by November 2026 due to bond demand

Market overview

Heightened demand for JGBs strengthens the yen as capital flows into Japan. If yields decline further, the USD/JPY pair could break below key support levels by late Q3.

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Implied probability (Yes)
60%

Source: user-generated

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