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Japanese Yen gains strongly on hopes of BoJ aggressive tightening cycle

The Japanese Yen (JPY) attracts significant bids against its major currency peers during the European trading session on Wednesday. The USD/JPY pair falls vertically to near 162.65, but quickly recovers some losses and rebounds to around 162.90.

FXStreet — Commodities Jul 22, 2026 1 min read

The Japanese Yen (JPY) attracts significant bids against its major currency peers during the European trading session on Wednesday. The USD/JPY pair falls vertically to near 162.65, but quickly recovers some losses and rebounds to around 162.90.

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