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fxJun 8, 2026, 6:30 AM

Japanese Yen Extends Losses, Trades at Intervention Zone of 160.30

The Japanese Yen continues to weaken against the US Dollar on Monday, with USD/JPY trading near 160.30, a level that previously triggered intervention by Japanese authorities.

USDJPY

The Japanese Yen (JPY) extended its losses against the US Dollar (USD) on Monday, pushing the USD/JPY pair to the 160.30 level. This area has historically prompted intervention from Japanese authorities to support the yen.

USD/JPY is now trading at levels where the Bank of Japan and the Ministry of Finance have intervened in the past to stem rapid yen depreciation. Traders remain alert for any potential action from Tokyo as the pair approaches this key threshold.

Source: FXStreet Forex News