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.
The US dollar initially fell during the trading session on Wednesday but found enough support at the 200 day EMA to turn around and show signs of life again.
The US dollar has initially pulled back a bit during the trading session on Tuesday, reaching towards the bottom part of the hammer from the previous session before rallying again.
The US dollar has initially fallen during the trading session on Thursday as it was suggested on Twitter that the Chinese were going to be leaving the trade talks a day early.
Global financial markets and investors eye cautiously the outcome of the high-level trade talks round between the world's two largest economies to find a chance to halt their trade war
The US dollar fell a bit during the trading session on Friday but recovered after the jobs number came out slightly less than anticipated, but with strong internals.
The US dollar has fallen a bit during the trading session on Thursday, reaching down towards a support barrier based on the previous consolidation during the month of August.
Investors are rushing to buy safe havens again as renewed fears of a failed US-China trade talk round and a bleak Brexit scene, and the yen shrugged off an increase in sales tax in Japan starting this month.
During Tuesday’s trading, the USD/JPY jumped to the 108.47 resistance, and didn’t have a lot of celebration with the gains, as it dropped back to the 107.62 support,
The ISM figures in the United States on Tuesday were very shockingly low, and therefore it’s not a huge surprise that the US dollar pulled back against the safety currency known as the Japanese yen.
