USD/JPY is currently at 162.32, reflecting an increase of 0.38%. This follows a peak in July that exceeded 162.80, with a recent print of 162.58 marking the yen’s weakest position against the dollar in forty years. The Japanese currency sank to the lower 162 zone in Tokyo trading, marking its lowest level since December 1986. … Read more
The dollar-yen pair is exhibiting significant volatility. USD/JPY is trading near 161 on Friday following a strengthening of the Japanese yen past 161.5 per dollar, effectively reversing nearly all of its earlier losses from the week. This marks a significant turnaround from Thursday, when the yen had declined toward 162.5, reaching new 40-year lows. The … Read more
USD/JPY is trading around 162.5 on Thursday, keeping the Japanese yen close to a 40-year low as the renewed U.S.-Iran conflict drives oil prices higher and adds fresh pressure to Japan’s oil-dependent economy. The pair hovers just shy of its multi-decade peak at 162.84, having increased approximately 11% over the past year. This week’s upward … Read more
The Japanese yen is currently experiencing its lowest valuation in forty years, exacerbated by the recent developments in Iran on Wednesday. The USD/JPY pair moved closer to 162.50 as the U.S. dollar strengthened following Trump’s declaration that the Iran memorandum of understanding was “over,” with safe-haven flows prevailing in the financial markets. The pair commenced … Read more
USD/JPY is currently positioned around 161.1 as the July 4 weekend approaches, having retreated from a four-decade peak of approximately 162.5-162.8 reached on July 1 — marking the yen’s lowest point since 1986. The yen experienced a notable increase of nearly 1% toward 161 on Thursday before reducing its gains, marking its most significant rebound … Read more
The USD/JPY exchange rate remained around 162.5 on Thursday, maintaining the yen at its lowest point in forty years and raising concerns in the market regarding potential currency intervention by Japanese officials. The pair had briefly dipped toward 161, with the yen jumping nearly 1% off its four-decade lows before trimming the gains. However, the … Read more
The yen is currently at a low point. USD/JPY trades around 161.7 in Friday dealing, hovering near 40-year highs and pinning the Japanese currency at its weakest level since 1986. The pair has returned to nearly the 161.95 peak, having surpassed the early-May highs where Tokyo intervened, and it continues to ascend despite ongoing verbal … Read more
The yen is struggling, and Tokyo’s warnings have diminished in impact. On Thursday, USD/JPY was observed trading around 161.7, attracting new bids towards 162.00 and approaching a 40-year peak, positioning the Japanese yen near its lowest point against the dollar since 1986. The pair has disregarded a consistent stream of verbal intervention from Japanese officials, … Read more
USD/JPY is currently positioned at approximately 161.5, stabilising just beneath the peak observed since July 2024, while the yen remains near its lowest point since 1986. The pair has steadily advanced due to the increasing divergence in rates between the Fed and BoJ, coupled with persistent carry-trade flows. It has surpassed the previous intervention zone … Read more
USD/JPY is currently positioned at approximately 161.5, maintaining a consolidation phase just beneath its peak level observed since July 2024, while the yen remains at its lowest point since 1986. The pair has advanced consistently due to the expanding divergence in rates between the Fed and the BoJ, alongside persistent carry-trade flows. It surpassed the … Read more
