USD/JPY opened the week almost exactly where it closed. The pair sat at 159.097 as of 13:24 on Monday, having opened at 159.095, a move of two-tenths of a pip across the Asian session. That flat line is the story rather than an absence of one: the pair is catching its breath after one of … Read more
The dollar rose to 159.4570 against the yen on Thursday, August 13, up 0.02% from the previous session, after testing 159.53 during the European morning. The pair traded flat near 159.40 through the Asian session and has spent the week grinding back toward the level that triggered a record intervention two weeks ago. Over the … Read more
The dollar-yen exchange rate was recorded at 160.80 on Friday, reflecting an increase of 0.78% during the session. This movement occurred less than eighteen hours following Japan’s execution of what seems to be the most significant single-day currency intervention in its history. The overnight move was marked by significant volatility. USD/JPY experienced a decline of … Read more
USD/JPY is currently trading at approximately 161.06, reflecting a decline of about 1.43% during the session, following indications that Japanese authorities have intervened in the market to purchase yen. The pair was at 163.50 earlier in the day, reflecting an increase of 0.06% and maintaining a position near the upper limit of its range. However, … Read more
On Tuesday, the USD/JPY currency pair hovered around 161.50, reflecting a modest increase of 0.14% within a constrained range of 160.47 to 161.52. This positioning remains just beneath the 162 threshold, which recently represented its highest level in approximately four decades—a peak that has not been maintained since the mid-1980s. The yen remains anchored near … Read more
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 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
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
The yen is putting Tokyo’s resolve to the test. USD/JPY surpassed 160.50 this week, reaching a 21-month peak that positions the pair firmly within the territory where Japanese authorities have traditionally intervened to support the currency. The breach above the 160.00 threshold was driven by a confluence of persistent dollar strength and a significant development … Read more
The dollar-yen is ascending once again into a precarious position. USD/JPY is trading near 159.25, gradually moving higher toward the 160 level, which has established itself as the market’s critical threshold — the price at which the Bank of Japan has consistently intervened to support its currency. Just weeks ago, in late April, the pair … Read more
