USDJPY DAILY OUTLOOK: Why news matters

Trader 1 · July 10, 2026
General

USDJPY fell back below 162 after Finance Minister Katayama said pension funds should be encouraged to invest more in the domestic market.

So far key support at 161.25 has held (low 161.28) to contain the fallout but only back above 162.00 and 162.07 would negate the shift in risk.

Market stays in a sell on blips mode while trade is below 162.

(AT 4 hour chart)

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