USD/JPY Falls Below 157 Yen for the First Time Since 7 August | FX and Currency News

As the yen-strength trend continued, USD/JPY fell below the 157-yen level, dropping below 157 yen for the first time since 7 August. The downside extended to 156.64, while other major currency pairs also fell further.

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The story

With the yen-strength trend continuing, USD/JPY tested levels below 157 yen. Stop-loss selling also came into play, pushing the downside to 156.64.

At the same time, EUR/JPY fell further to 181.91, GBP/JPY to 211.48 and AUD/JPY to 112.31.

This move was driven by broader foreign-exchange market trends rather than developments at any particular company, with the break below 157 yen for the first time since 7 August drawing attention.

At a glance

LevelUSD/JPY fell to 156.64

ThresholdBelow 157 yen for the first time since 7 August

ScopeEUR/JPY 181.91, GBP/JPY 211.48, AUD/JPY 112.31

FactorsThe ongoing yen-strength trend and stop-loss selling

Program structureBelow 157 yen for the first time since 7 August

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