The USD/JPY pair edged higher late in the session, trading near 159.00, marking a 0.5% gain on the day, according to FX Street.
The pair also moved above its rising 200-day exponential moving average (EMA), which is positioned near 158.00, signaling sustained bullish momentum in the currency pair.
This upward movement comes amid ongoing market focus on Japan's export-driven economy, where currency fluctuations significantly impact corporate earnings and trade balances.