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fxJul 6, 2026, 9:41 AM

Yen Weakens Again, USD/JPY Above 162.00 as Policy Risks Support Higher Yields – MUFG

The Japanese Yen weakened again, pushing USD/JPY above 162.00. MUFG's Lee Hardman notes that policy risks are supporting higher yields.

USDJPY

The Japanese Yen (JPY) has weakened again, driving USD/JPY back above the 162.00 level.

According to MUFG analyst Lee Hardman, policy risks are supporting higher yields, coinciding with further selling at the long end of the Japanese Government Bond (JGB) curve.

Source: FXStreet Forex News