USD/JPY
USDJPY Cracks 160 Barrier, Traders Cautious of Potential Intervention
USDJPY hit important 160 resistance but stays below this level for the second consecutive day, as traders remain very cautious after the previous intervention commenced at this zone and Japan's officials repeated today their readiness to intervene again.
USD/JPY –03.06.2026
Our previous outlook for USDJPY still stands as the pair slowly marches towards the resistance zone at 160.20-60. Traders are watching the resistance zone of 160.20-60 as the last time the market was here, the BoJ threatened to intervention to support the Yen.
Market Heard Japan's Intervention Warning. But USD/JPY 160 Test Still Alive.
The Japanese Yen bounced slightly briefly after fresh intervention warnings from Tokyo, but the market's overall message appears unchanged: traders are still eyeing another test of the 160 level. After USD/JPY flirted with the intervention red line earlier in the day, comments from Prime Minister Sanae Takaichi and Finance Minister Satsuki Katayama helped trigger a modest pullback.
DAX, USD/JPY Forecast: Two trades to watch
The DAX has opened lower on Wednesday as rising geopolitical uncertainty and the return of President Trump's trade tariff rhetoric weigh on sentiment.
Rabobank US Dollar to Yen Forecast: USD/JPY Could Fall to 155 Despite 160 Test
The US Dollar to Yen (USD/JPY) exchange rate remains close to multi-decade highs and is trading around 159.90 after repeatedly testing the 160 level over recent weeks. Rabobank expects the Japanese Yen to regain some ground over the medium term and has adjusted its six-month USD/JPY forecast to 155.00, although it stresses that any.
USD/JPY and USD/CAD Test Key Levels Ahead of the ADP Employment Report
The US dollar is holding on to its recently gained ground following a series of strong macroeconomic releases and a rise in US Treasury yields. Additional support for the greenback comes from resilient inflation readings, expectations that the Federal Reserve will maintain a restrictive policy stance, and cautious investor sentiment ahead of the release of the preliminary ADP employment report.
USD/JPY Price Forecast: Bulls turn cautious near 160.00 amid rising intervention risk
USD/JPY Price Forecast: Bulls turn cautious near 160.00 amid rising intervention risk
U.S. Dollar Rebounds From Session Lows As JOLTs Beat Analyst Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
The better-than-expected JOLTs Job Openings report provided support to the American currency.
Japanese Yen Forecast: USD/JPY moves closer to 160 yen per dollar
Recent sessions have been difficult for the Japanese yen, as USD/JPY has gained more than 0.5% over the last six sessions, mo.
USD/JPY approaches 160.00 as Yen struggles despite softer US Dollar
USD/JPY approaches 160.00 as Yen struggles despite softer US Dollar
USD/JPY –02.06.2026
Our previous outlook for USDJPY still stands as the pair slowly marches towards the resistance zone at 160.20-60. Traders are watching the resistance zone of 160.20-60 as the last time the market was here, the BoJ threatened to intervention to support the Yen.
USD/JPY Forecast: Payrolls Need to Crack Before the Bulls Blink
While no one knows when a truce in the Gulf will truly hold, allowing energy supplies to transit the Strait of Hormuz freely, the uncertainty continues to expose a major vulnerability for Japan. As a significant net energy importer, higher prices threaten to worsen both its terms of trade and current account position, creating a headwind for the yen.
