Japan Adjusted Merchandise Trade Balance increased to ¥236.4B in April from previous ¥90.7B

May 21, 2026

Japanese Yen holds gains following Trade Balance data

USD/JPY remains subdued for the second successive day, trading around 158.90 during the Asian hours on Thursday. The pair depreciates as the Japanese Yen (JPY) holds gains following the release of Japan’s Merchandise Trade Balance Total data.

Euro flatlines above 1.1600 amid hawkish Fed stance, Iran deal uncertainty

The EUR/USD pair trades flat near 1.1625 during the early Asian session on Thursday. The potential upside for the major pair might be limited, as uncertainty surrounding US–Iran talks could boost the safe-haven assets.