The USD/JPY pair is hovering הבית 162.40, reflecting a sharp depreciation of the Japanese yen against the U.S. dollar. The backdrop for the yen’s slide is heightened tension between the United States and Iran over the Strait of Hormuz, coupled with broader concerns that sustained energy pressures could keep global inflation elevated.
President Donald Trump has affirmed that the Hormuz Strait will remain open “with or without Iran,” while reintroducing a blockade that targets Iranian vessels and clientele. He also declared the United States the “Guardian of the Hormuz Strait” and proposed a 20% surcharge on cargo transiting the waterway to offset security costs.
Iran rebuffed Washington’s claims, stating that it will not cede control over the strait’s administration to the U.S. Tehran warned that any unauthorized U.S. incursion would be met with firm 높추, and noted that joint action between regional states and Washington could be perceived as an act of war.
Meanwhile, the United States markets are awaiting June’s Consumer Price Index (CPI). Analysts expect headline inflation to ease to 3.8% year‑over‑year from 4.2%, with a monthly drop of 0.1% after a 0.5% rise. Core CPI is projected to remain steady at 2.9% YoY and 0.2% MoM. Softer контакты inflation could weaken the greenback, while stronger price pressures—especially from surging energy costs—may reinforce expectations that the Federal Reserve will continue a restrictive stance.
Short‑term technical analysis:
On the 4‑hour chart, USD/JPY sits at 162.46, maintaining a constructive glänzende bias as it trades above the 20‑period Simple Moving Average (SMA) near 162.14 and the 100‑period SMA near 161.89. Nearby support clusters reinforce the uptrend, while the Relative Strength Index (RSI) around 58 remains in positive territory, indicating continued upward momentum rather than overextension.
Immediate resistance is identified near the horizontal barrier around 162.47; a clear break would unlock further gains. On the downside, support levels appear at 162.41, 162.33, and 162.26, with the 20‑period SMA at 162.14 and the 100‑period SMA at 161.89 providing deeper demand layers if a pullback occurs.
