USD/JPY Surges Past 159 as Dollar Gains on Higher Yields and Yen Weakens on Energy Costs
The Japanese yen has slid again, allowing the US dollar to climb above 159.00 against it after a sharp fall earlier this month. With US Treasury yields rising and oil prices high, traders are watching whether the pair can break the 160.00 psychological barrier or retreat to support near 157.50.

