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USDJPY is heading towards 160.00

USD
  • A broader base bid emerging for the Dollar, helps further downside continuation for the EUR and the Pound, both hitting fresh lows.
  • CNH, CNY, NZD, CAD, CHF, and JPY are all exchanging hands towards their worst levels, and AUD is also paring small gains.
  • Main focus is back on the Yen and the 160.00 level, but most will be watching the 160.17/160.20 area, the 2024 high and the 1990 high respectively.

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