Friday, October 16, 2026

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USD/JPY likely to continue choppy trade

Nikkei closes down 185.49 points, at 19,285.63, -0.95% on day. USD/JPY plunged from 119.57 to 118.33 in London. Jumped later to 119.43 in NY as US yields bounced back on US data, Fed talk. USD/JPY to continue choppy trad…

By Ian Preston
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Nikkei closes down 185.49 points, at 19,285.63, -0.95% on day.

  • USD/JPY plunged from 119.57 to 118.33 in London.

  • Jumped later to 119.43 in NY as US yields bounced back on US data, Fed talk.

  • USD/JPY to continue choppy trade today, 119.06-41, 119.00 and 119.45-50 options bracket.

 

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By FxWirePro Team