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 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.
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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.
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.
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As of this writing the USD/JPY is trading near the 132.100 ratio with typical fast price action occurring.
USD/JPY got a boost from the hawkish FOMC minutes, as policymakers confirmed room for further tightening later this year.
In most of last week's trading, the price of the USD/JPY currency pair was in an upward retracement path.
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The USD/JPY exchange rate pulled back sharply after the latest American non-farm payroll (NFP) data.
The USD/JPY rallied again during the trading session on Thursday as the ADP numbers came out much hotter than anticipated.
For the second day in a row, the bulls are moving at the USD/JPY exchange rate, with strong gains that reached the 132.70 resistance level.