USDJPYUS Dollar / Japanese Yen
158.73
+0.56%
SUPPORT:157.8156.2
RESISTANCE:159.4160.99
Past
What happened
USD/JPY pushed to 158.73 into the weekend as PPI-driven yield strength outweighed any safe-haven yen bid from Iran-Hormuz rhetoric.
Why
Why it matters
The carry trade is breathing again — every 5bp move on US10Y above 4.50% pulls USD/JPY harder than MOF intervention talk can push back. Without verbal escalation from Tokyo, 160 magnetism returns.
Watch
What to watch
159.40 is the intraday pivot; a daily close above opens 160.00 and the intervention zone. Watch for a Suzuki or Kanda 'closely watching' line — that's the only thing capping it short-term.
HEADLINES
- Why a Plunging Dollar Is Missing Out on the Relief RallyBarrons.com
- How Markets Reacted to Trump's Iran Post, in ChartsThe Wall Street Journal
- The Dollar Isn’t Done. Why It’s Outshining Rivals Amid Iran Crisis.Barrons.com