US dollar dips from 8-week high vs yen

By X-blogger - on June 25, 2024

The U.S. dollar slipped from an eight-week high against the yen, with traders back on alert for government intervention to support the Japanese currency after it hit just shy of 160, a level that earlier triggered action from the Ministry of Finance to prop it up.

The Dollar-Yen pair made a minor downwards correction in the last session, dropping 0.1%. The ROC is giving a negative signal.
USD/JPY saw a minor dip of 0.1% in the last session.
The ROC is giving a negative signal.
Support: 159.5333 | Resistance: 160.0933

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