The most active trading sessions for the USD/JPY take place in Tokyo, London and New York. Day traders look mostly to the London and New York sessions but those trading wishing to trade on the Asian markets can do so between 2400 GMT - 0900 GMT.
USD/JPY has traditionally been the most politically sensitive currency pair, with successive U.S. governments using the exchange rate as a lever in trade negotiations with Japan. For day-to-day trading, the most significant feature of USD/JPY is the heavy influence exerted by Japanese institutional investors and asset managers.
The USD/JPY has recently dipped below 101.00. Read the Daily Forex USD to Japanese Yen forecast and get access to the most up-to-date statistics, analyses and economic events regarding the USD/JPY.
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USD/JPY: The ¥155 level now offers a significant amount of support, while the interest rate differential between the two currencies will continue to favor the greenback
During the daily analysis that I do of major currency pairs, the USD/JPY pair has captured my attention as we tried to break down below the ¥155 level, which is an area that has been important multiple times. In fact, it is almost as if the level acts like a brick wall, so that tells you just how much support there is there.
For the second consecutive day, the USD/JPY currency pair has been subject to selling pressure, pushing it towards the support level of 155.21,
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During the trading session on Wednesday, we saw the US dollar drop fairly significantly against the Japanese yen, pressuring the pair to drop just below the ¥156 level
USD/JPY continues its bullish trend, targeting 160.00 as rate differentials and strong US jobs data fuel upward momentum despite minor pullbacks.
The US dollar experienced sharp volatility against the yen due to strong US jobs data, but long-term trends point to sustained dollar strength.
The US dollar maintains bullish momentum against the yen, driven by rate differentials, with 158 yen as key support and 159 yen resistance in focus.
USD/JPY nears 160.00, raising concerns of Japanese intervention to prevent further yen decline.
The US dollar has rallied again during the trading session on Wednesday, as the Japanese yen has finally given away to the ¥158 level and the pressures being brought upon it.
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The US dollar gains strength against the Japanese yen, fueled by rising US yields and BOJ policy limits, with potential to break above 158.50 and beyond.
USD/JPY consolidates near ¥158 resistance, with a potential breakout targeting ¥162 as interest rate differentials and key economic data shape market direction.
USD/JPY consolidates near 158 resistance, signaling a potential breakout toward 160 and higher as bullish momentum and dollar strength dominate.
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Sign up to get the latest market updates and free signals directly to your inbox.USD/JPY consolidates below 158 resistance, with buyers favoring dips as bullish momentum targets 160 and upcoming U.S. jobs data drives market direction.
In my daily analysis of major currency pairs, the USD/JPY pair is one that I always check right away, because it gives me a bit of a “heads up” as to how the US dollar is behaving overall.
USD/JPY continues its bullish trend, eyeing the 160.00 resistance as U.S. dollar strength dominates amid cautious BoJ and Fed policies.