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via fxstreet.comMarkets

Japanese Yen pulls back slightly after hitting fresh monthly high vs broadly weaker USD

FROM THE WIRE · FXSTREET.COM

The USD/JPY pair comes under intense selling pressure on Thursday, breaking through a short-term trading range support near mid-157.00s and hitting a fresh monthly low during the early European session.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishUSD/JPY breaking support near 157.00 is a relevant move for the Japanese yen FX market.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01USD/JPY comes under intense selling pressure on Thursday.
  2. 02The pair breaks through short-term trading range support near mid-157.00.
  3. 03It hits a fresh monthly low during the early European session.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
US Dollar/Japanese Yen FX Spot RateUSDJPYFX pair156.8263-0.12%today -0.78%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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