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fxAug 7, 2026, 8:52 AM

USD/JPY Steady Around 158.39 as Yen Gives Back Intervention Gains

The yen lost ground on Friday, with USD/JPY holding near 158.39 after joint intervention by Tokyo and Washington had temporarily bolstered the Japanese currency.

USDJPY

The yen reversed some of its recent gains on Friday, pushing USD/JPY to 158.39. The pair held firm after Tokyo and Washington conducted a joint intervention earlier, which had briefly strengthened the Japanese currency.

The renewed yen weakness has revived market talk of possible additional intervention by Japanese authorities. Traders remain watchful for any further action aimed at curbing the yen's depreciation.

Source: FXStreet Forex News