USD/JPY at 160.20 has pulled back from the 160.57 high reached on Thursday, June 11 — the pair's highest level since July 2024. The retreat
The Asia-Pacific markets enter a pivotal week as investors focus on central bank signals, geopolitical developments, and key commodity trends. USD/JPY remains near the critical 160 intervention zone after easing from recent highs, while NZD/USD rebounds on expectations of a more hawkish RBNZ outlook. Copper has recovered strongly above $6.20 amid growing supply deficit forecasts, reinforcing its long-term bullish narrative. Meanwhile, natural gas stabilizes following easing Middle East tensions, and the Hang Seng retraces after a sharp rally driven by improving risk sentiment. In digital assets, Solana gains momentum ahead of its Alpenglow upgrade, while Litecoin continues to recover within a key demand zone. Markets will closely watch the FOMC minutes, Japan’s inflation signals, and upcoming economic data for fresh directional cues across currencies, commodities, equities, and cryptocurrencies.
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