USD/JPY Holds Above 160.00

USD/JPY stays above 160.00 mark The USD/JPY currency pair has maintained its position above the 160.00 mark. This level is considered a key psychological threshold. The pair had previously dropped roughly 500 pips following an intervention by Tokyo at the e

USD/JPY stays above 160.00 mark

The USD/JPY currency pair has maintained its position above the 160.00 mark.

This level is considered a key psychological threshold.

The pair had previously dropped roughly 500 pips following an intervention by Tokyo at the end of April, but has since recovered those losses.

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