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fxAug 12, 2026, 10:48 AM

Yen Edges Higher from 159.45 Low Ahead of US Inflation Data

Japan's yen strengthened to near 159.00 per dollar on Wednesday, recovering from support at 159.45 as traders awaited the US inflation release.

USDJPY

The Japanese yen firmed on Wednesday in thin trading, recovering from an earlier low of 159.45 against the dollar.

The move pushed USD/JPY down to around 159.00, marking the yen as one of the day's top gainers amid an otherwise subdued FX market.

Traders are looking ahead to the upcoming US inflation report, which could influence the near-term direction of the pair.

Source: FXStreet Forex News