USD/JPY Eyes 163.50 as Yen Weakness Persists After 40-Year High
UOB analysts forecast further yen declines toward 163.50 after USD/JPY breached a 40-year peak above 163. The Japanese yen extended losses, with USD/JPY targeting 163.50 after hitting a 40-year high above 163. The move reflects sustained dollar strength amid diverging mone