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fxJul 9, 2026, 12:56 PM

Japanese Yen Edges Higher, USD/JPY Near 40-Year Lows

USD/JPY slipped on Thursday as the US dollar softened, with the pair trading near 162.45, close to multi-decade lows for the yen.

USDJPY

The Japanese yen saw modest gains on Thursday, supported by a slightly weaker US dollar. USD/JPY traded around 162.45 during the session, remaining near levels last seen 40 years ago.

The movement suggests continued pressure on the yen, despite a temporary reprieve from the softer greenback. Traders are watching for any intervention signals from Japanese authorities as the pair hovers at historic lows.

Source: FXStreet Forex News