USDJPYUS Dollar / Japanese Yen
158.96
+0.36%
SUPPORT:157.37155.46
RESISTANCE:160.55162.46
Past
What happened
USD/JPY pushed to 158.96, up 58 pips, as the US10Y yield spike to 4.59% widened the rate gap to its richest in a year and pinned the yen against a 160 intervention zone.
Why
Why it matters
MoF jawboning has gone silent and the BoJ remains paralyzed — every leg higher in US yields piles fresh carry-trade money into the pair. The mid-160s remain the regulatory tripwire.
Watch
What to watch
160.00 is the line in the sand — official verbal intervention is near-certain on a touch, with actual sales possible above 160.70 (52w high). Pullbacks find buyers into 158.20.
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