USDJPYUS Dollar / Japanese Yen
157.03
+0.13%
SUPPORT:156.2155.5
RESISTANCE:157.8158.5
Past
What happened
Dollar-yen crept higher to 157.03 despite broad dollar weakness — yen underperformed as risk appetite sent capital out of safe havens.
Why
Why it matters
BoJ's July rate hike expectations are fading after soft Tokyo CPI. The carry trade is back on, capping yen strength even as DXY weakens.
Watch
What to watch
Japan GDP Wednesday 02:50 TRT. Contraction would kill remaining BoJ hike bets and open 158+ quickly.
HEADLINES