The Japanese Yen continues to lose ground against a strengthening US Dollar for the third consecutive day, dropping to its lowest since mid-May during the Asian session on Monday. The Bank of Japan remains cautious in its approach to normalizing its easy monetary policy, leading investors to adjust their interest rate hike predictions as far out as Q1 2026. Traders are closely monitoring this dynamic as USD JPY pushes beyond the pivotal 147.00 threshold, indicating a potential trend reversal.