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fxJun 23, 2026, 9:32 AM

Japanese Yen Edges Higher From Long-Term Lows as Intervention Risk Rises

The Japanese Yen edged up against the US Dollar on Tuesday after trading near 40-year lows, increasing the risk of intervention by Japanese authorities.

USDJPY

The Japanese Yen strengthened against the US Dollar on Tuesday, recovering from levels just above the 40-year low of 161.95. The move comes as traders increase bets on potential intervention by Japanese authorities to support the currency.

The USDJPY pair has been under pressure as the yen slides to multi-decade lows, but the recent uptick suggests caution among market participants. Market focus remains on any verbal or actual intervention from Tokyo.

Source: FXStreet Forex News