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fxJun 22, 2026, 4:11 AM

Japanese Yen Near Two-Year Low as USD/JPY Climbs Above Mid-161.00s

The Japanese Yen remains near a two-year low against the US Dollar, with the USD/JPY pair attracting fresh buyers and rising back above the mid-161.00s during Asian trading on Monday.

USDJPY

The USD/JPY pair has extended its gains, climbing back above the mid-161.00 level to start the new week. The Japanese Yen continues to languish near its weakest levels in two years against the US Dollar.

Market participants appear to be shrugging off potential intervention fears from Japanese authorities, allowing the pair to attract fresh buyers during the Asian session. The move underscores persistent yen weakness as the interest rate differential between the US and Japan remains wide.

Source: FXStreet Forex News