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 Japanese yen fell to a two-decade low after Bank of Japan Governor Haruhiko Kuroda pledged to maintain monetary policy in order to support an economic recovery
In recent technical analyses of the USD/JPY currency pair it is ready for new record bullish breaches, as it returned to the levels of Japanese intervention in the market.
The USD/JPY currency pair moved towards the resistance level of 145.80, its highest in 24 years, the same level as Japan intervened in the markets
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The US dollar has rallied during the Friday session against the Japanese yen after the jobs number.
The ascending path of the USD/JPY currency pair was not affected much by the selling that the currency pair witnessed in the middle of this week’s trading.
At the beginning of this week's trading the Japanese yen slipped again to break the 145-high threshold against the dollar
For five trading sessions in a row, the price of the USD/JPY currency pair continued to maintain its bullish momentum near its highest level in 24 years.
After three bullish trading sessions, the price of the USD/JPY currency pair moved with gains to the 144.90 resistance level, near the highest in 24 years.
Continuing factors of the strength of the US dollar brought the price of the US dollar against the Japanese yen quickly back to the vicinity of levels.
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Last week’s intervention by the Bank of Japan to ‘protect’ the Japanese Yen worked wonders.
The US dollar has rallied on Friday as we continue the recovery from the ¥140 level.
The USD/JPY has been all over the place during trading on Thursday, as the Bank of Japan jumped into the market and intervene.
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The bullish stability is still the most prominent performance of the price of the US dollar against the Japanese yen.
The US dollar continues to find buyers on dips against the Japanese Yen.