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USD/JPY sets a new 2026 high at 162.89
In the past couple of minutes the USD/JPY has taken out the prior (and well-noted) 2026 high, at 162.84. Looking at the price action through that level is looks like a few system based buyers might have jumped on the break above 162.84, but as you can see, it has not extended very far and there is still a good degree of trepidation out there it seems.
The move higher in the USD/JPY is still adding dollar positive pressure on the other major dollar pairings, much as it has been all day really. The USD/JPY is right now at 162.88
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