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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At the end of last week’s trading, the price of the Japanese yen fell against the rest of the other major currencies.
For the third day in a row, the price of the USD/JPY currency pair is still subjected to profit-taking operations after its recent gains, reaching the resistance level of 125.10
The US dollar has fallen against the Japanese yen during the trading session on Wednesday, as the overbought conditions have finally started to acknowledge the existence of gravity.
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For the second day in a row, the price of the USD/JPY currency pair is moving within profit-taking operations.
The USD/JPY has broken higher again in early trading as the week has begun, and speculators need to prepare for wicked volatility.
Sharp expectations for the future of the US Federal Reserve’s tightening policy this year, as well as investors abandoning the Japanese yen despite fears of the prolonged Russian war
The US dollar rallied a bit on Wednesday before giving back the upper range of gains for the day.
Despite the state of risk aversion that dominates the markets with the continuation of the Russian war, the USD/JPY currency pair took a strong and sharp upward path and all currencies moved against the Japanese yen.
More hawkish hints of the future policy of the US Federal Reserve were a determining factor for further gains of the US dollar against other major currencies.
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The USD/JPY has continued to push higher as financial institutions react to hawkish rhetoric from the U.S Federal Reserve.
The Japanese yen collapsed a lot against the rest of the major currencies and against the US dollar, with losses that pushed the price of the US dollar pair against the Japanese yen USD/JPY
The US dollar rallied again against the Japanese yen to reach the ¥119 level.
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Sign up to get the latest market updates and free signals directly to your inbox.The solid bullish trend in the USD/JPY has continued to produce gains.
A crucial moment for the gains of the US dollar pairs today, as the US Central Bank will announce a widely expected decision, which is to raise US interest rates for the first time in 2018.
For three trading sessions in a row, the price of the USD/JPY currency pair is moving amid important and sharp bullish breaches with gains to the 118.45 resistance level