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Yen weakens as USD/JPY touches 160

The dollar briefly reached 160 against the yen, its strongest level since early September.

Japanese 10,000 yen banknotes beside a packet
Japanese 10,000 yen banknotes beside a packet. Photo: Cullen Cedric, via Unsplash

What we know

Market news accounts report USD/JPY hit 160.08, the strongest since early September, after briefly reaching 160 and trading near 159.96. The Malaysian ringgit also fell to 4.085 per dollar, and a crypto trader flagged a rising DXY as a risk to his BTC long.

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“USD/JPY Hits 160.08, Reaching Its Strongest Level Since Early September”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.