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.
Most Recent
The US dollar initially gapped lower against the Japanese yen to kick off the week on Monday, as fears about the coronavirus continues to be a major driver of markets.
The US dollar has pulled back a bit against the Japanese yen during the trading session on Friday, as we reached the ¥112.30 level.
The US dollar has rallied a bit during the trading session yet again on Thursday against the Japanese yen.
Top Forex Brokers
The US dollar exploded to the upside during the trading session against the Japanese yen on Wednesday, clearing the ¥110 level quite handily, and making a fresh, new high.
The US dollar initially fell during the trading session on Tuesday but turned around to show signs of life again as the Americans came on board.
The greenback initially pulled back a bit during the trading session on Monday, but then turned around to reach towards the ¥110 level again.
The US dollar has done very little during the trading session on Friday, at least against the Japanese yen.
Preliminary fourth-quarter GDP data out of Japan showed a steeper contraction than expected, driven by a slump in business spending and private consumption.
The US dollar continues to struggle against the Japanese yen at the ¥110 level, an area that has caused issues in the past.
Bonuses & Promotions
The US dollar has rallied significantly during the trading session on Wednesday, breaking above the ¥110 level.
The US dollar has rallied a bit during the trading session on Tuesday, slaving into the ¥110 level, an area that has been resistance more than once.
The USD is on an important date today, with Federal Reserve Governor Jerome Powell testifying before the special Congressional committee clarifying the economic performance
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The US dollar went back and forth during trading on Monday as we continue to see a lot of indecision’s when it comes to the USD/JPY pair.
The US dollar fell during a large portion of the trading session on Friday, as the ¥110 level has offered a significant barrier of resistance recently.
The US dollar has pulled back slightly during the trading session on Thursday but has found enough support to continue going higher.