USD/JPY edged lower on Wednesday, consolidating between major EMAs as traders watch ¥148 resistance and weigh Fed rate-cut risks against Japan’s ongoing monetary easing.
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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USD/JPY tests the key ¥150 level and 200-day EMA, with traders eyeing US CPI data that could determine the next move in Fed policy and dollar strength.
The USD/JPY pair is stabilizing between key EMAs with strong interest rate differentials favoring the dollar, while 148 remains a critical resistance level to watch.
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The USD/JPY pair is consolidating just under the 200-day EMA near 148, with traders watching for a breakout toward 151 or a drop back toward 146 if momentum fails.
The US dollar continues to gain against the Japanese yen, with a break above 151 potentially targeting 156.5 as policy divergence deepens.
The USD/JPY pair trades near ¥149 ahead of key central bank decisions, with technical support at ¥146 and potential for a breakout toward ¥151.
The USD/JPY pair surged past the ¥148 level and the 200-day EMA, with potential for further gains if ¥149 is cleared amid a volatile week of central bank decisions.
The USD/JPY pair climbed on Friday, testing the key ¥148–¥149 resistance zone as bullish momentum builds on interest rate differentials and 200-day EMA support.
The US dollar bounced off the 50-day EMA against the yen on Thursday, signaling a potential move toward 148 as interest rate differentials drive sentiment.
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The US dollar rebounded against the yen on Thursday, holding above the 200-day EMA as yield differentials and Japanese bond market troubles support further upside.
The US dollar plunged then rebounded sharply against the yen after Trump denied firing Jerome Powell, stabilizing the USD/JPY pair near key support.
The US dollar is testing key resistance at 148 yen as rising US bond yields and Japan’s potential QE push USD/JPY toward a breakout targeting 151 and beyond.
The US dollar continues to gain against the Japanese yen, with rising US bond yields and BOJ easing driving the pair toward a potential 152 breakout.
The US dollar soared against the yen on Monday as tariff threats and spiking yields drove risk aversion and reinforced bullish momentum in the USD/JPY pair.
USD/JPY remains range-bound above key 142 support ahead of U.S. NFP data, with rate differentials and BOJ risks keeping bullish prospects alive toward 148.