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fxJul 1, 2026, 6:03 PM

Yen Steadies Near 40-Year Low as USD/JPY Holds 162.50

The USD/JPY pair traded near 162.50 on Wednesday without clear direction as investors digested mixed US economic data and ongoing pressure on the Japanese yen near a 40-year low.

USDJPY

The Japanese yen steadied near a 40-year low on Wednesday, with USD/JPY hovering around 162.50 as market participants assessed mixed economic data from the United States. The pair showed no clear directional bias amid persistent pressure on the yen.

Traders are weighing the implications of the latest US releases while the yen continues to struggle at multi-decade lows. No further details were provided in the source.

Source: FXStreet Forex News