Japanese Yen drifts lower vs firmer USD on Iran tensions; intervention risks limit losses
The USD/JPY pair reverses a modest Asian session dip to the 156.50-156.45 area on Monday as the safe-haven US Dollar (USD) draws support from persistent geopolitical uncertainties.
The USD/JPY pair is likely to maintain upward momentum due to ongoing geopolitical tensions supporting the USD. However, intervention risks from Japanese authorities may limit significant gains.
The USD/JPY pair reverses a modest Asian session dip to the 156.50-156.45 area on Monday as the safe-haven US Dollar (USD) draws support from persistent geopolitical uncertainties.
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