The USD/JPY exchange rate has witnessed a decline for five straight days, reaching 151.42—a low not seen since December. The exchange rate has plummeted over 4.7% from its peak this year. Traders attribute this slide to the Federal Reserve’s policy outlook and the Bank of Japan’s monetary decisions. Changing global economic conditions also contribute to shifts in investor sentiment regarding the Japanese yen. With heightened scrutiny on the Fed’s approach, market participants are eager to understand the future dynamics of USD/JPY. As this story unfolds, it is crucial to monitor ongoing developments in central bank policies.