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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InAmid concerns over Asian currency volatility, the US dollar weakened sharply against the Japanese yen on Friday. According to reports, USD fell 1.07% to 157.80. Speculation also intensified that Japanese authorities were preparing to support the yen after reports of official rate checks.
Per market data, USDJPY closed at 157.469 on 31 July 2026. At the same time, Fed's Kashkari, Hammack and Logan explained their dissents favoring a 25bp rate hike as inflation remains too high.
Traders are watching for any official signals from the Bank of Japan that could affect yen moves, while focus remains on the pair's closing levels at 157.469.