USD/JPY rose to 159.29 on Friday, marking one of the weakest levels for the Japanese yen since July 2024. The yen’s decline is heightening market concerns about possible intervention by authorities in the foreign exchange market. Bank of Japan Governor Kazuo Ueda warned that a weak yen could exacerbate imported inflation amid rising oil prices. […]
The post USD/JPY at Highest Since July 2024: Market Awaits BoJ Intervention appeared first on ActionForex.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal While you wait for the temperatures Read more…
The short-term Elliott Wave outlook for USDJPY indicates that the cycle from the January 28, 2026 low remains in progress, unfolding as an impulsive structure. From that low, wave (1) concluded at 157.72, followed by Read more…
Key takeaways Dow’s performance reversal amid geopolitical shock: The Dow Jones Industrial Average shifted from one of the best-performing US indices earlier in 2026 to one of the worst since the start of the US–Iran Read more…