The USD/JPY moved with gains towards the resistance level of 149.98, on the doorstep from the psychological resistance of 150.00.
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 has been on a significant rally in the recent trading sessions, edging closer to the critical ¥150 level against the Japanese yen.
In recent trading sessions, the USD/JPY has been oscillating, teetering around the ¥150 level against the Japanese yen.
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The USD/JPY remains near critical highs as financial institutions and speculators await inflation data from Japan on Friday.
The USD/JPY demonstrated its strength against the Japanese yen in recent trading, revealing a potential upward trajectory despite initial weakness.
With just a few seven points, the price of the USD/JPY currency pair stabilizes near the psychological resistance of 150.00 since yesterday.
Investors' continued aversion to risk and the positive results of US economic data supported bulls in continuing to push the USD/JPY currency pair higher.
Amidst upward stability, the price of the USD/JPY currency pair began this important week’s trading stable around the resistance level of 149.62.
The continued discrepancy between FED and BoJ policies allowed the bulls to control the performance of the USD/JPY currency pair.
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In Friday's trading session, the US dollar experienced a brief setback before staging a comeback.
The USD/JPY exhibited a modest rally during Thursday's trading session, signaling a continued "buy on the dips" sentiment that has prevailed in the market.
The upward path is still the most prominent for the performance of the price of the USD/JPY, as the currency pair stabilizes around the resistance level of 149.25.
In Wednesday's trading session, the US dollar took a brief step back before making a strong rebound, hinting at a resurgence in its momentum.
Investors' aversion to risk amid tensions in the Middle East and the demand for safe havens helped the USD/JPY currency pair stabilize
In Tuesday's trading session, the US dollar displayed a minor retreat, only to rebound and exhibit signs of renewed strength.