The USD/JPY currency pair edged lower during the Asian session on Thursday but managed to find support just ahead of the 161.50 yen level, according to FX Street.
This modest pullback reflects cautious trading amid ongoing market uncertainty, with the Japanese yen maintaining resilience against the US dollar in early trading hours.
Given the Bank of Japan’s continued monetary policy stance, the USD/JPY pair remains a key focus for traders monitoring currency movements impacting Japan’s export-driven economy.