UK inflation increased by 3.6% year-over-year in October, aligning with market forecasts, according to data released during the European forex session on November 19. This development comes as the Japanese yen continues to weaken, driven by dovish signals from Tokyo. The USD/JPY pair rose above 156.00, reflecting the yen's ongoing depreciation. Additionally, market sentiment indicates an 85% probability of a Bank of England rate cut in December, further influencing currency movements.