USD/JPY is extending its losses, on approach to 142.00

<p>USD/JPY is getting slammed on the USD side:</p><p><a href="https://www.forexlive.com/news/forexlive-americas-fx-news-wrap-2024-dot-falls-further-no-pushback-from-powell-20231213/" target="_blank" rel="follow" data-article-link="true">Forexlive Americas FX news wrap: 2024 dot falls further. No pushback from Powell.</a></p><p>And the JPY side:</p><ul><li><a href="https://www.forexlive.com/centralbank/is-the-bank-of-japan-planning-to-exit-negative-rates-sooner-than-expected-20231213/" target="_blank" rel="follow">Japanese media paint a scenario where the BOJ exits negative rates as soon as January.</a></li></ul><p>USD/JPY has lost another big figure in the twilight zone:</p><p>Once US markets pack up and close for the day its super-thin liquidity time with one New Zealand and Australia FX open until Tokyo gets started. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.