USDJPY — Overview as of 05.05.2026

Financial and commodity markets analytics


The USD/JPY pair continues its upward trajectory, nearing the critical 158.00 mark amid intensifying geopolitical tensions between the US and Iran. Heightened risks in the Strait of Hormuz are fueling demand for the US Dollar as a safe-haven asset, thereby weakening the Japanese Yen. Traders should monitor further developments in the region, as any escalation could extend USD strength and push the pair beyond current resistance levels. Conversely, any de-escalation might trigger profit-taking and a potential pullback in USD/JPY. Risk management remains crucial given the sensitive geopolitical backdrop.