💱US Dollar/Japanese Yen FX Spot Rate
USDJPY
▼ NegativeMonetaryrelevance
Coordinated Japan-US intervention and caution over further intervention cap dollar-yen upside, making yen stronger relative to dollar.
Impact on assets 1
Others
In the Tokyo foreign exchange market on the 4th, the dollar-yen pair is expected to attempt a rebound from the sharp drop triggered by coordinated Japan-US intervention. However, the upside is seen as heavy due to caution over additional intervention.
Coordinated Japan-US intervention and caution over further intervention cap dollar-yen upside, making yen stronger relative to dollar.