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fxJun 5, 2026, 1:06 PM

USD/JPY Hovers Near 160.00 After Upbeat US Jobs Report

USD/JPY traded near 160.00 on Friday, virtually unchanged on the day, after rebounding from intraday lows following a strong US jobs report. The level is closely watched as intervention territory.

USDJPY

USD/JPY traded around 160.00 on Friday, little changed on the day after recovering from intraday lows. The move followed the release of a stronger-than-expected US employment report.

The pair remains near levels that have previously prompted intervention from Japanese authorities. Market participants are monitoring whether officials will step in to support the yen if the exchange rate pressures 160.00 or beyond.

No further details on the jobs data or potential intervention were provided in the original post.

Source: FXStreet Forex News