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
Trading last week was mostly bullish for the performance of the USD/JPY pair.
The US dollar saw another rally during Friday's trading session, particularly against the Japanese yen.
The US Dollar has pulled back just a bit during the trading session on Thursday in early hours against the Japanese yen.
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The USD/JPY exchange rate continued its strong upward trend this week after the United States published strong inflation numbers for January.
The USD/JPY pair maintains its bullish stance.
The USD/JPY currency pair broke the key level, which had previously sparked rejection from Japanese authorities.
The US dollar rallied significantly during the course of the trading session on Tuesday.
As the closing last week was, the price of (USD/JPY) continued its upward path.
The US dollar has been showing strength against the Japanese yen, with the USD/JPY pair aiming to reach higher levels.
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Bulls' control over the direction of the USD/JPY increased last week after statements by Bank of Japan officials about the future of abandoning the negative interest policy.
The USD/JPY pair has shown significant strength during Thursday's trading session, with the US dollar continuing to assert dominance over the Japanese yen.
The USD/JPY currency pair has been trading upwards this week.
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Sign up to get the latest market updates and free signals directly to your inbox.The US dollar is showing signs of potential strength against the Japanese yen, with indications pointing towards a breakout above resistance levels.
Market influenced by US resilience to rate hikes and diverging central bank policies between the Fed and BoJ.
The USD/JPY pair continues its bullish momentum, with Tuesday's session showing signs of renewed strength.