Japanese Yen near YTD low vs. USD on war concerns, intervention risks | FXStreet
The USD/JPY pair consolidates around mid-159.00s during the Asian session on Thursday and remains within striking distance of its highest level since July 2024, touched earlier this month. The Japanese Yen (JPY) continues with its relative underperformance amid concerns that the war-driven surge in energy prices would weigh on Japan’s trade balance and economic outlook….