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fxJul 27, 2026, 9:45 AM

USD/JPY eases to 163.50 as broader bullish trend holds

USD/JPY dips to 163.50 on Monday but remains within a broader uptrend as a relief rally in the yen gains traction following a halt in US-Iran hostilities.

USDJPY

USD/JPY edged lower to 163.50 during Monday's session, paring recent gains.

The Japanese yen benefited from a relief rally after the US and Iran agreed to halt hostilities, easing geopolitical tensions.

The broader bullish trend in the pair remains intact, suggesting the pullback could be temporary.

Source: FXStreet Forex News