USD/JPY enters June in a standoff with the Bank of Japan, and currently, the speculators are holding the upper hand. The pair is trading around 159.50, moving upward as the yen generally lags, and it’s approaching the 160 mark that raised intervention alerts just a month prior. The scenario unfolds like a classic Western tale: … Read more
The USD/JPY pair is well within reach of the politically sensitive 160.00 handle that has frequently attracted the attention of Japanese authorities as it enters the last day of May, trading near 159.20 and at one point reaching a nearly four-week high above 159.50. The recent increase occurs notwithstanding two rounds of suspected intervention by … Read more
The USD/JPY exchange rate was approximately 159.50, maintaining its position near one-month highs and approaching the significant 160.00 threshold, which Japanese officials consider the boundary for acceptable yen depreciation. The pair has been steadily advancing for multiple sessions, reaching new one-month highs in the range of 159.45 to 159.65 as the yen finds it challenging … Read more
USD/JPY is trading at 159.36 on Wednesday, May 27, marking its weakest yen level since late April and approaching the critical 160 intervention threshold that led to Tokyo’s reported yen-buying intervention operations during the late-April and early-May currency stress phase. The current spot price indicates a 0.29% increase from the previous session’s close of 158.99, … Read more
USD/JPY is currently at 159.32 during midday European trading on Tuesday, reflecting a 0.29% increase for the day. The pair has moved closer to the 160 intervention zone, a level that the Japanese Ministry of Finance has traditionally supported through both verbal and direct actions in the currency market. The pair is positioned close to … Read more
USD/JPY experiences a decline, approaching 158.85 during the Asian session on Monday. US moves closer to an agreement with Iran. Markets anticipate a June BoJ rate increase, even in light of Japan’s CPI inflation data coming in softer than expected. The USD/JPY pair declines to approximately 158.85, breaking the two-day winning streak during the Asian … Read more
In late Friday trading on May 22, 2026, USD/JPY is trading at 159.10, marginally higher on the day as the U.S. Dollar Index at 99.30 offers a slight 0.1% gain against the larger G10 complex. The pair has spent the past three trading sessions consolidating in a tight 158.65 to 159.35 band, which represents one … Read more
The most asymmetric trade on the G10 board at this moment isn’t Cable, Euro, or Aussie – it’s USD/JPY positioned at the 159.00 handle, with the multi-decade 160 ceiling within a single percent move and the Ministry of Finance intervention zone looming closely. The pair is positioned at 158.90-159.00 across the major venues, maintaining a … Read more
USD/JPY is currently positioned at 159.00 during European trading on Wednesday, remaining just a hair’s breadth away from the 12-day peak of 159.25 reached in the previous session, as the seven-day winning streak finally takes a pause. The pair has recovered approximately 400 pips from the May 6 swing low at 155.04, surged past all … Read more
The carry-trade poster child finds itself once again in a precarious position, compelling every G10 currency desk to face the same unsettling calculations: USD/JPY is inching closer to the 160.00 psychological threshold, a level where the Bank of Japan took decisive action in the spring, and the current macroeconomic landscape offers no indication that the … Read more
