The Japanese yen continues to weaken amid lack of policy tightening from the Bank of Japan. USDJPY jumped above 150.00 today for the first time since 1990, reaching a fresh 32-year low. The pair traded only briefly above this hurdle as a quick reversal occurred after the break. So far, it is unclear whether a pullback was triggered by profit taking or by Ministry of Finance/Bank of Japan intervention. Japanese authorities make verbal interventions on a daily basis but those no longer move JPY. Nevertheless, a direct intervention looks more and more likely.
USDJPY jumped above 150.00 for the first time since 1990 but a quick reversal occurred later on. Source: xStation5
Three Markets to Watch Next Week: EURUSD, Gold, S&P 500 (26.06.2026)
Fed's Kashkari says AI will force a rate hike; EURUSD and USD reverse early moves ❗
Morning Wrap: Asia extends Wall Street selloff on expensive hardware (26.06.2026)
BREAKING: PCE Inflation and income raise 📈EURUSD gains 0,2%