Japanese Yen Weakens Against the Dollar, Falling Below 158 for the First Time in a Week

Deep News08-06

The Japanese yen weakened against the US dollar, dipping 0.4% to 158.37, marking its lowest level since July 31.

Rising oil prices during the session added pressure on the yen.

The USD/JPY pair rose above its 200-day moving average on Thursday.

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