The dollar-yen pair's holding its ground firmly above the 154.00 threshold today. What's fueling this? Speculation's swirling around Tokyo potentially opening the fiscal floodgates—classic playbook when trying to cushion economic headwinds. Markets are pricing in looser government spending, which typically weighs on the yen. For now, bulls seem comfortable defending this level as traders eye Japan's next policy moves.
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The dollar-yen pair's holding its ground firmly above the 154.00 threshold today. What's fueling this? Speculation's swirling around Tokyo potentially opening the fiscal floodgates—classic playbook when trying to cushion economic headwinds. Markets are pricing in looser government spending, which typically weighs on the yen. For now, bulls seem comfortable defending this level as traders eye Japan's next policy moves.