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USD/JPY Testing Trendline Around 103.74

The United States dollar versus the Japanese yen currency pair seems to be having some difficult times when it comes to deciding upon the main direction.

Japanese Yen Weak amid Uneventful Trading Session

The Japanese yen was weak today, trading either flat or lower versus its most-traded counterparts. The trading session was rather uneventful, with no major news to drive the market. There were several macroeconomic reports released in Japan, but nothing particularly important.

Yen Weak as Markets Remain in Risk-On Mode Ahead of NFP

The Japanese yen was soft today, falling against most of the major rivals, as markets remained in the risk-on mode despite the political turmoil in the United States. Market analysts speculated that the victory of Democrats in the US elections spurred hopes for fresh stimulus measures from the president-elect Joe Biden.

USD/JPY Correcting from 102.59

The United States dollar versus the Japanese yen currency pair seems to have entered a corrective phase. But is this just a simple correction?

Japanese Yen Weakest as Traders Don’t Feel Need for Safety

The Japanese yen was the weakest major currency on the Forex market today as traders did not feel a need for safety, dumping the currency. Surprisingly, the Swiss franc avoided a similar fate despite also being considered a safe-haven currency.

Japanese Yen Struggles to Rise as Market Sentiment Remain Positive

The Japanese yen was attempting to rise today but struggled to do so as the market sentiment was still favoring riskier high-beta currencies. The yen was trading about flat versus most of its rivals, though not all of them.

Bears Impatient on USD/JPY from 103.65?

The US dollar versus the Japanese yen currency pair seems to be under some serious bearish pressure. Do the bulls still hold a chance?

Bears Heading for 101.42 on USD/JPY

The United States dollar versus the Japanese yen currency pair seems to be under bearish control. Do the bulls have a say until 101.42?

USD/JPY 104.57 High Starting a New Bearish Leg?

The US dollar versus the Japanese yen currency pair seems to be under constant bearish pressure. Is this really so?

Japan Announces Economic Stimulus on Tuesday, Yen Weak

The Japanese yen was one of the weakest currencies today due to markets being in a risk-on mode, meaning that there was limited demand for safer currencies. The yen fell against almost all of its rivals, though managed to stay flat against the US dollar. Additionally, EUR/JPY has retreated to trade close to the opening level at the time of writing after rallying earlier.

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