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fxJul 2, 2026, 1:17 AM

Japanese Yen Flatlines Near 162.50 Ahead of US Employment Data

USD/JPY holds steady around 162.55 in early Asian trading on Thursday as traders await the key US June employment report. Fears of Japanese currency intervention also cap upside potential.

USDJPY

USD/JPY is trading flat near 162.50 during the early Asian session on Thursday, with minimal movement ahead of the critical US June employment data release later in the day.

Traders are staying on the sidelines, awaiting the jobs report for directional cues. Meanwhile, lingering concerns about possible yen-buying intervention by Japanese authorities are limiting further upside for the pair.

Source: FXStreet Forex News