USDJPY is entering a range: the market needs news
The USDJPY pair declined to 159.56 at the start of the week, but this is temporary. The Middle East conflict is still influencing market decisions. Discover more in our analysis for 6 April 2026.
USDJPY forecast: key takeaways
The USDJPY pair is moving into a range amid continued geopolitical pressure
The market expects the Bank of Japan to raise interest rates soon
USDJPY forecast for 6 April 2026: 158.50 or 160.00
Fundamental analysis
The USDJPY rate is declining to 159.56 on Monday. Despite the correction, the yen remains near its weakest levels since July 2024, with pressure on the Japanese currency increasing amid the escalating conflict around Iran and rising energy prices.
US President Donald Trump stated that strikes on Iran’s energy and civilian infrastructure may begin within the next few days if the Strait of Hormuz is not reopened. Tehran rejected these demands, and the water route remains effectively blocked.
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