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 rallied against the Japanese yen during Monday's trading session, with the Japanese yen continuing to weaken.
The gains of the dollar / yen currency pair are on an important date this week, as the US Federal Reserve will announce an update of its monetary policy decisions
The USD/JPY opened stronger during the trading session on Thursday but failed to hold the gain, exhibiting signs of exhaustion.
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The USD/JPY was negatively affected by fears about the future of the US banking system.
The USD/JPY initially fell during the trading session on Wednesday, but it found plenty of support, forming a hammer that indicates a bullish sign.
Investors' fears about the future of Chinese economic growth coincided with expectations of a recession in the US economy, which increased the appetite of investors and markets to buy safe-havens.
On Tuesday, the US dollar has been experiencing a lot of noisy behavior in its trading session against the Japanese yen.
The neutral performance of the USD/JPY currency pair continues.
The USD/JPY has shown some strength against the Japanese yen during Monday’s trading session, as it continues to push higher against the yen.
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The USD/JPY saw a slight decline during Friday's trading session but remained supported just below the 200-Day EMA.
Last week's trading was in general dominated by the bulls over the performance of the USD/JPY currency pair, with gains that reached the resistance level 135.13.
The bulls still control the direction of the USD/JPY currency pair, in light of the continuation of the bearish pressure on the Japanese yen.
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For four consecutive trading sessions, the price of the USD/JPY currency pair moved in a rebound path to the upside, with gains that stopped at the resistance level of 134.70.
The USD/JPY is facing a crucial time in the forex market as it pulled back to reach the 200-Day EMA, a significant technical indicator.
For three consecutive trading sessions, the price of the USD/JPY currency pair has been moving in the midst of a rebound to the upside.