USD/JPY Forecast: Yen Holds Near Multi-Decade Low as Traders Await Japan CPI and US-Iran Decision
Source: InvestingCube - https://www.investingcube.com/forex/usd-jpy-forecast-yen-holds-near-multi-decade-low-as-traders-await-japan-cpi-and-us-iran-decision/
Published: Jul 21, 2026 5:00 AM
Summary:USD/JPY traded near 162.50 as investors waited for clarity on the US-Iran conflict and its impact on global markets. The Japanese yen remained under pressure ahead of Friday's Japan inflation report, which could shape expectations for the Bank of Japan's next policy move.
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