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USD/JPY pulls back from one-month highs as US Dollar strength fades

Summary by FXStreet
The Japanese Yen (JPY) trades on the front foot against the US Dollar (USD) on Wednesday as the Greenback pauses after two days of strong gains, allowing the Yen to recover modestly. However, market sentiment remains cautious amid escalating tensions from the ongoing US-Iran war.
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FXStreetFXStreet

USD/JPY pulls back from one-month highs as US Dollar strength fades

The Japanese Yen (JPY) trades on the front foot against the US Dollar (USD) on Wednesday as the Greenback pauses after two days of strong gains, allowing the Yen to recover modestly. However, market sentiment remains cautious amid escalating tensions from the ongoing US-Iran war.

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FXStreet broke the news in on Wednesday, March 4, 2026.
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