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 continues to find plenty of buyers overall, and recently has tested the crucial ¥109.50 level more than once
The US dollar has rallied significantly during the trading session on Tuesday as the ISM Nine Manufacturing PMI figures have come in much better than anticipated.
The US dollar has gapped higher to kick off the week, and then shot much higher
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The USD/JPY price did not celebrate its gains at the beginning of last week, which pushed it to the 109.28 resistance, its highest level in three months.
The US dollar bounced a bit during the trading session on Friday, after the jobs never came out better than anticipated.
16 Asian countries are close to signing an ASEAN trade pact which will be the largest in the world;
The US dollar has rallied during the month of October against the Japanese yen but started to stall once we got closer to the 61.8% Fibonacci retracement level at the ¥109.50 level.
USD/JPY fell from the 109.28 resistance, the highest in three months, before settling around 108.60 at the time of writing, after the US dollar came under pressure
The US dollar rallied significantly during the trading session on Wednesday against the Japanese yen but turned around at the 61.8% Fibonacci retracement level
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USD/JPY rally attempts stopped at the 109.06 resistance, pending US economic growth figures and the announcement of Federal Reserve decisions.
The US dollar has gone back and forth during the trading session on Tuesday as traders are awaiting the results of the FOMC interest rate decision and of course the statement.
USDJPY: Look for bullish breakout beyond 109.00
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Sign up to get the latest market updates and free signals directly to your inbox.The US dollar will be very quiet during the training session on Tuesday against the Japanese and, as we await the Federal Reserve FOMC meeting announcement on Wednesday.
For the eight trading sessions in a row, USD/JPY stabilized between the 108.24 support and the 108.93 resistance, as shown
The US dollar has gone back and forth during the training session on Friday, as we continue to dance around the 200-day EMA.