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Japanese Yen gains amid intervention watch as JGB 10-year yield hits 30-year highs

USD/JPY halts its five-day winning streak, trading around 158.10 during Asian hours on Friday.

USD/JPY halts its five-day winning streak, trading around 158.10 during Asian hours on Friday.

The currency pair depreciates as the Japanese Yen (JPY) gathers support.

Market participants are remaining on high alert, anticipating potential market intervention by Japanese authorities.

Market commentary only, not advice. 39 words on the desk. Trading involves risk. Headline credited to FXStreet.

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