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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The USD/JPY pair has exhibited a minor retreat, yet prevailing indicators suggest the potential for an upward trajectory.
The content of the minutes of the last meeting of the US Federal Reserve increased the discrepancy between its policy and the policy of the Bank of Japan
The USD/JPY has taken a modest step back, displaying a hint of uncertainty in its movement.
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The price of the USD/JPY currency pair increased from its sharp gains, reaching the resistance level of 145.86.
The USD/JPY exhibited a back-and-forth movement during the trading session, reflecting a sense of hesitation in the market.
The USD/JPY was almost flat against other currencies in Asian trading after better-than-expected economic data.
Beyond its numerical value, the significance of the ¥145 threshold reverberates with psychological weight, casting a broad influence over traders.
During last week's trading, the bulls succeeded in completing the sharp upward path of the USD/JPY currency pair.
The US dollar's recent behavior against the Japanese yen underscores the intricate dynamics at play in the currency markets.
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Thursday's trading session witnessed the USD/JPY resolute ascendancy as it surpassed the ¥142.50 level, edging towards ¥143.50 against the Japanese yen.
For four trading sessions in a row, the bulls moved the US dollar against the Japanese yen, USD/JPY, to the upside.
On the Wednesday session, the USD/JPY demonstrated its mettle by surging past the ¥142.50 benchmark, edging closer to ¥143.50.
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Sign up to get the latest market updates and free signals directly to your inbox.As I mentioned before a lot, the performance of the USD/JPY currency pair will be greatly affected by the course of the policy of global central banks.
The USD/JPY exhibited a noteworthy rally during the Tuesday trading session, breaking above the crucial ¥142.50 level, and approaching the ¥143.50 level.
During Tuesday's trading session, the USD/JPY displayed some strength, rallying past the ¥142.50 level and nearing ¥143.50.