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fxJun 26, 2026, 4:39 PM

USD/JPY Eases from New High as Intervention Risk Lingers

USD/JPY pulled back slightly on Friday but remains near its recent peak at 161.95, with traders wary of possible Japanese intervention.

USDJPY

The dollar-yen pair edged lower on Friday, retreating from Thursday's fresh high of 161.95. The move comes as market participants remain on alert for any signs of intervention by Japanese authorities.

Traders are cautious in the current zone, where past official action has occurred. The pair's proximity to the peak keeps intervention risk alive, capping further upside for now.

No official comments have been made, but the market continues to monitor for potential yen-buying operations.

Source: FXStreet Forex News