USD/JPY Rebounds to 159.43, Erasing Intraday Decline After Dip to 158.53

USD/JPY recovered from a low of 158.53 to 159.43, wiping out intraday losses and posting a 0.04% daily gain after a sharp 150-point drop.

Woofun AI data shows that the USD/JPY exchange rate reversed its downward trajectory on July 31st. The pair initially plummeted to an intraday low of 158.53, marking a cumulative drop of more than 150 points. Subsequently, it rallied to 159.43, effectively neutralizing the session's losses and closing with a marginal 0.04% increase for the day.