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fxAug 17, 2026, 1:12 AM

USD/JPY Extends Slide Toward 159 as Yen Firms After Japan GDP

USD/JPY traded near 159.10 in Asian hours on Monday, losing ground for a second straight day as the yen held firmer after Japan's preliminary Q2 GDP release.

USDJPY

USD/JPY traded near 159.10 during Asian hours on Monday, marking a second consecutive daily decline. The Japanese yen stayed supported after the release of Japan’s preliminary Q2 GDP data.

The pair was also pressured by a weaker US dollar, keeping USD/JPY on the back foot in early-week trade. Market attention remains on the yen’s ability to hold its recent gains.

Source: FXStreet Forex News