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 rebounded to 108.68 resistance as investors continued to take risks and abandon safe havens amid optimism over the course of trade talks between the United States and China and the possibility of avoiding a chaotic exit from Britain from the European Union.
The US dollar initially fell during the trading session on Wednesday but found enough support near the ¥108.25 level to turn things around and form a bit of a hammer.
The US dollar did very little during the trading session on Tuesday, as we continue to bounce around in the same very tight range against the Japanese yen.
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The US dollar is slightly positive during the trading session on Monday, but it looks lackluster against the Japanese Yen to say the least.
The US dollar fell a little bit during the trading session on Friday, which quite frankly is a big surprise considering that it was testing the 200 day EMA against the Japanese yen.
The US dollar went back and forth during the trading session on Thursday as we continue to dance around the 200 day EMA.
The US dollar initially fell during the trading session on Wednesday but found enough support at the 200 day EMA to turn around and show signs of life again.
The US dollar has initially pulled back a bit during the trading session on Tuesday, reaching towards the bottom part of the hammer from the previous session before rallying again.
The US dollar is likely to find pressures going higher, as the 200 day EMA is sitting at the ¥108.60 level.
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The US dollar has initially fallen during the trading session on Thursday as it was suggested on Twitter that the Chinese were going to be leaving the trade talks a day early.
Global financial markets and investors eye cautiously the outcome of the high-level trade talks round between the world's two largest economies to find a chance to halt their trade war
The US dollar rallied significantly during the trading session on Wednesday, after initially pulling back below the ¥107 level.
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Sign up to get the latest market updates and free signals directly to your inbox.USD / JPY rebounded from the 106.65 support level to the 107.46 resistance level in the first trading session of this week.
The US dollar has initially gapped lower during the trading session on Monday, but then broke towards the 50 day EMA above.
The US dollar fell a bit during the trading session on Friday but recovered after the jobs number came out slightly less than anticipated, but with strong internals.