USD/JPY edges up 0.16% to 157.02 after a week of sideways trading
USD/JPY edged higher on Friday, rising 0.16% to 157.02. The gain followed a week of sideways trading in the pair. The source gives no pip figure, no support or resistance levels and no specific economic data driving the move. The same report also references the impact of a UAE oil spill and AI-related growth in the Asia-Pacific region, but provides no further details or figures on either topic. The modest rebound leaves USD/JPY just above the 157.00 handle after a period of range-bound trade. Traders may watch whether the uptick develops into a sustained move or the pair returns to its recent sideways pattern.
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