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 US dollar has done almost nothing during the trading session on Tuesday, initially trying to rally before breaking back down.
The US dollar went sideways against the Japanese yen during the trading session on Monday, which of course was Memorial Day in the United States
Despite new Covid-19 infections surging across the globe, financial markets remain disconnected from fundamentals.
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The US dollar continues to chop back and forth against Japanese yen, essentially putting the trading public to sleep.
The US dollar rallied a bit during the trading session on Thursday, reaching towards the ¥108 level above before pulling back.
The US dollar has gone back and forth during the trading session on Wednesday as we continue to see a lot of noise when it comes to trading this pair.
The US dollar has rallied significantly during the trading session on Tuesday but found the ¥108 level to be a bit too resistive to continue going higher.
The US dollar has gone back and forth during the trading session on Monday to kick off the week, as we continue to see a lot of choppy in high-frequency trading
The US dollar has gone back and forth during the trading session on Friday, to close out the week on a relatively positive note as the candlestick looks a bit more like a hammer
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The US dollar initially fell during the trading session on Thursday but found enough support below the ¥107 level to turn around and show signs of strength.
The pressure on the USD/JPY, continued until it reached the 106.75 support, giving up gains of the last two trading sessions,
The US dollar continues to go back and forth against the Japanese yen, hanging around the ¥107 level.
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Sign up to get the latest market updates and free signals directly to your inbox.The US dollar has pulled back against the Japanese yen as the 50 day EMA has offered enough technical resistance to turn the market around.
After the markets absorbed the US jobs numbers for April, which were announced last Friday, the markets will monitor the reaction from the announcement of inflation figures
The US dollar rallied rather significantly during the trading session on Monday, slamming into the 50 day EMA.