The USD/JPY pair extended its losing streak into a third consecutive day on Thursday. This persistent decline is primarily a result of the Japanese Yen outperforming other currencies, largely fueled by speculation that the Bank of Japan may increase interest rates further. This optimism occurs despite the backdrop of heightened global economic uncertainty due to recent U.S. tariff policies. Traders should keep a close eye on this pair, as ongoing market reactions could affect currency strategies. Understanding these elements will be crucial for anyone involved in forex trading at this moment.