USD showed some strength following Q3 GDP numbers, but fundamental divergence between two currencies remains. Japan’s plan to monetize USD reserves may help solve debt issue to some extent, but if US keeps growing, may keep currency stable. President Trump ideally wants weaker USD to help American exports—comments led to widespread USD weakness as traders in spot FX market sold USD.
Key Levels: Support at 154.616 | Resistance at 158.232
Investor Takeaway: Trump’s weak dollar comments override strong GDP data; Japan’s USD reserve monetization plan creates complex dynamics for pair amid diverging fundamentals.
