Bullish
USD/JPY hits 163.161 yen on July 22, highest in nearly 40 years.
The USD/JPY currency pair reached 163.161 yen on July 22, marking its highest level since December 1986. This surge was driven by escalating U.S.-Iran tensions and rising oil prices. Japanese authorities have signaled potential intervention to curb excessive yen depreciation.
Key points
- USD/JPY reaches 163.161 yen, highest since 1986.
- U.S.-Iran tensions and rising oil prices bolster USD.
- Japanese Finance Minister Katayama hints at possible intervention.
Sources
- USD/JPY hits 163.161 yen on July 22, highest in nearly 40 yearsGate News · July 22, 2026
- Japanese Yen struggles near four-decade lows despite hawkish BoJ signalsFXStreet · July 22, 2026
- FOREX-Le dollar recule après quatre jours consécutifs de hausse, le yen se maintient près de son plus bas niveau depuis 40 ansBoursorama · July 22, 2026
AI-generated from public news sources. Not financial advice.
