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June 22, 2024 News:

USD/JPY rallies past 159 on rebound in US Dollar, Japanese disinflation
USD/JPY is now back on the edge of a cloudy “intervention zone” (red shaded area) where the Japanese authorities made direct purchases of Japanese Yen in the open market in late April and early May, to counteract its devaluation. The result was a deep correction in USD/JPY from 160 to 152.

USD/JPY Forecast – US Dollar Continues to Look Strong Against Japanese Currency
The US dollar continues to see a lot of bullish pressure against the yen, but at this point it is worth noting that that Wednesday session was the Juneteenth holiday in the USA.

USD/JPY Price Analysis: Surges past 159.00, approaches Yentervention levels
USD/ JPY Falls Below 159; BIS: Real Effective Yen Exchange Rate of JPY Drops to 68.65 in May, Setting New Low

USD/JPY Forecast: Japan Inflation Rate Jumps to 2.8% in May

ChatGPT-4o predicts Japanese Yen (JPY) price as US adds Japan to watchlist
Japanese Yen (JPY) to US Dollar (USD) exchange rate history

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Gains Ground As Composite PMI Beats Expectations

US Dollar Forecast: USD/JPY Rally Pushes RSI Towards Overbought Zone

USD/JPY Eyes 160 Mark Amid Steady Yen Depreciation

USD/JPY soars to just under 159.00, risks BoJ intervention