USD/JPY continues its upward trajectory, driven by a persistently weak yen and heightened geopolitical risks between the US and Iran. The recent flare-up in tensions has fueled oil price gains and inflation concerns, prompting markets to price in more aggressive Fed tightening. Japan's monetary stance remains unchanged, with officials focusing on curbing rapid yen declines through stealth interventions rather than preemptive warnings. Technically, the pair is holding key support near 160.50 and breaking above 161.50 has accelerated bullish momentum, although short-term pullbacks could emerge as traders digest incoming US CPI data, which remains the key catalyst for further directional cues.