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FX Desk

Japanese Yen finds relief as Trump rules out Iran strikes before midterms

Trade Hub UK briefing (2026-10-08): USD/JPY edges lower on Thursday as a pullback in US Treasury yields pauses the Greenback’s advance, giving the Japanese Yen (JPY) some breathing room. Traders… Primary source: original at FXStreet (fxstreet.com).

Japanese Yen finds relief as Trump rules out Iran strikes before midterms

USD/JPY edges lower on Thursday as a pullback in US Treasury yields pauses the Greenback’s advance, giving the Japanese Yen (JPY) some breathing room. Traders assess fresh Middle East developments and central bank signals. At the time of writing, the pair trades around 157.71, down 0.24% on the day.

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