Yen Weakens Against Dollar for Fourth Day, USD/JPY Hits 162.60
The Japanese yen depreciated against the US dollar for the fourth consecutive session, with USD/JPY trading around 162.60 during European hours on Tuesday, as Japanese banks were closed for Marine Day.
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The Japanese yen continued its decline against the US dollar, marking a fourth straight session of weakness. USD/JPY was trading near 162.60 during European trading hours on Tuesday.
Japanese banks were closed for the Marine Day holiday, which may have contributed to lower liquidity. No additional economic data or central bank comments were cited in the report.
Source: FXStreet Forex News