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 USD/JPY rallied during the trading session on Monday, as we continue to see the market showing signs of support underneath the ¥130 level.
There is no doubt that the recent surprise of the Japanese central bank by keeping its monetary policy unchanged contributed strongly to the pressure on the Japanese yen.
The USD/JPY rallied a bit during the trading session on Friday, as we have broken above the ¥130 level, but gave that up again.
Top Forex Brokers
The USD/JPY has fallen a bit during the trading session on Thursday as we continue to see a lot of noisy behavior between the ¥127.50 level and the ¥130 level.
Yesterday's session was characterized by the rapid and unstable performance of the US dollar currency pair against the Japanese yen USD/JPY.
The Bank of Japan has announced that it is going to continue the quantitative easing program that it’s been in for a while.
The USD/JPY is trading near the 128.250 ratio as of this writing, this after challenging the 127.750 mark earlier this morning.
The bears' control over the direction of the USD/JPY currency pair continues.
The US dollar has had a back-and-forth session during the day on Tuesday as we continue to mess about the area just below the ¥130 level.
Bonuses & Promotions
Immediately after the emergence of reports that the Japanese central bank will re-evaluate its monetary policy this week with more stringent steps.
The USD/JPY has fallen apart during trading on Friday, just as everything else did.
The recent stability of the exchange rate of the US dollar against the Japanese yen USD/JPY is generally expected.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The USD/JPY rallied slightly during the trading session on Wednesday as we continue to attempt to build a base against the Japanese yen.
Since the beginning of this week’s trading, amid cautious anticipation of the markets until the announcement of US inflation figures tomorrow, Thursday.
The US dollar has rallied a bit during the trading session on Tuesday, as we continue to see a lot of noise in this market.