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fxJun 25, 2026, 12:24 AM

Japanese Yen Holds Steady Amid Intervention Speculation

USD/JPY trades near 161.75 as traders remain on high alert for possible Japanese intervention.

USDJPY

The Japanese yen is trading in a tight range against the US dollar during early Asian hours on Thursday, with USD/JPY hovering near the multi-decade high of 161.75.

Market participants are closely monitoring any signs of intervention by Japanese authorities, which has historically capped further upside in the pair. The flat trading reflects cautious sentiment, as traders weigh the risk of a sudden yen strengthening move.

No official statements have been issued, but speculation remains elevated given the prolonged weakness of the yen and the proximity to key psychological levels.

Source: FXStreet Forex News