💱US Dollar/Japanese Yen FX Spot Rate
USDJPY
▼ NegativeMonetaryrelevance
Dollar-yen firm but upside limited by intervention concerns; intervention caution weakens USD relative to JPY
Impact on assets 1
Others
In the Tokyo foreign exchange market on the 17th, the dollar-yen pair is expected to trade firmly in the lower to mid-162 yen range, following a slightly dollar-buying bias in overseas markets the previous day. Upside is seen as limited due to caution over potential intervention.
Dollar-yen firm but upside limited by intervention concerns; intervention caution weakens USD relative to JPY