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fxJun 25, 2026, 12:20 AM

Japanese Yen Steady as Intervention Speculation Intensifies

USD/JPY holds near a multi-decade high around 161.75 as traders remain on alert for possible Japanese currency intervention.

USDJPY

The Japanese yen traded on a flat note in early Asian hours Thursday, with USD/JPY hovering near the 161.75 level—close to a multi-decade high. Market participants are closely watching for any signs of intervention by Japanese authorities to support the yen.

Speculation about imminent intervention continues to cap potential upside for the pair. Traders remain cautious amid heightened alertness from Tokyo, though no official action has been confirmed yet.

Source: FXStreet Forex News