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fxJun 25, 2026, 4:23 AM

USD/JPY Edges Lower Amid Intervention Fears, USD Pullback

The USD/JPY pair edged lower in Asian trading on Thursday, but lacks follow-through and finds support ahead of 161.50 as yen bears turn cautious on intervention fears.

USDJPY

USD/JPY traded lower during Thursday's Asian session, but the decline lacked momentum. The pair found support ahead of the 161.50 level as yen bears grew cautious amid renewed fears of Japanese intervention.

A modest pullback in the US dollar also contributed to the pair's subdued price action. Traders remain wary of potential action from Japanese authorities to stem further yen weakness.

Source: FXStreet Forex News