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 has rallied significantly against the Japanese yen during Wednesday's trading session, reaching the crucial ¥132.50 barrier.
The USD/JPY pair had a volatile trading session on Tuesday, as the market initially pulled back but found buyers at the ¥130 level.
For the second day in a row, the price of the USD/JPY currency pair is trying to rebound to the upside to compensate for its recent sharp losses.
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The USD/JPY rallied significantly during Monday's trading session, driven by an 11 basis points rally in the 2-year yield.
Risk aversion and the continued selling of the US dollar since the recent US Federal Reserve announcement allowed the bears to push the price
The USD/JPY has fallen significantly on Friday to show signs of hesitation in its resumption of any type of uptrend.
During Thursday's trading session, the USD/JPY initially fell, but it looks like the ¥130 level is starting to show signs of support.
The pound, the euro, and other major currencies rose against the US dollar in initial response to the Federal Reserve's decision to raise US interest rates by 25 basis points.
The US dollar experienced a slight rally during Wednesday's trading session, indicating signs of life as the market anticipates the FED rate decision.
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A state of instability and caution dominates the performance of the USD/JPY exchange rate since the start of this important and exciting week's trading.
The USD/JPY currency pair experienced a modest rally, reaching towards the ¥132.50 level, which is the top of the range from the previous session.
Traders of the USD/JPY have had the ability to watch a rather consolidated handful of calm results in one of the world’s most sophisticated Forex pairs.
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Sign up to get the latest market updates and free signals directly to your inbox.At the beginning of this week's trading, the bears continued to control the direction of the USD/JPY currency pair.
The US dollar initially attempted to rally against the Japanese yen during Monday's trading session but has since plunged due to the ongoing volatility in interest rate markets worldwide.
Most of last week’s trading was generally bearish for the USD/JPY currency pair, with losses that reached the support level of 131.55, before closing around the support level of 131.82.