Kenji

2026-07-06 20:15:18

USD/JPY Slides as Hormuz Reopening and Risk-On Mood Weigh on Dollar

USD/JPY fell sharply in Asian trading after the Strait of Hormuz reopened to commercial shipping and global risk appetite improved. Lower oil prices, weaker safe-haven demand, and shifting central bank expectations drove the move, with broader implications for forex and crypto risk sentiment.

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USD/JPY Slides as Hormuz Reopening and Risk-On Mood Weigh on Dollar