{"id":436401,"date":"2026-08-18T02:40:41","date_gmt":"2026-08-17T19:40:41","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/usd-jpy-rises-to-the-highest-level-this-month-436401\/"},"modified":"2026-08-18T02:40:41","modified_gmt":"2026-08-17T19:40:41","slug":"usd-jpy-rises-to-the-highest-level-this-month","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/usd-jpy-rises-to-the-highest-level-this-month-436401\/","title":{"rendered":"USD\/JPY rises to the highest level this month"},"content":{"rendered":"<div>\n<p>USD\/JPY is at the highs of the day, up 25 pips to 159.55 as the intervention recovery continues. More importantly, the pair has edged above the post-intervention high of 159.57 as it continues to test both Japan&#8217;s ministry of finance and the US treasury.<\/p>\n<\/p>\n<p>What scares me about this pair at the moment is that I don&#8217;t know what the strategy of either the MoF or Treasury is. Yes, they both want the pair lower but how much? How far are they willing to go?<\/p>\n<p>Japan doesn&#8217;t have limited reserves and may be threatening to sell Treasuries.\u00a0 The US, in turn, is using euro reserves to buy yen in a move that&#8217;s also not unlimited and threatens a rift with Europe. It&#8217;s also not clear why the flows are so strong that have driven USD\/JPY higher. Is it simply a carry trade or is there something happening in the AI financing trade that&#8217;s causing some one-time flows that are artificially holding down the yen.<\/p>\n<p>Technically, the line in the sand will be 160 in the short term and if that breaks, we could see accelerated gains once again. Until then, I&#8217;d expect the market to continue tip-toeing in that direction.<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>USD\/JPY is at the highs of the day, up 25 pips to 159.55 as the intervention recovery continues. More importantly, the pair has edged above the post-intervention high of 159.57 as it&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-436401","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=436401"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436401\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=436401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=436401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=436401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}