USD/JPY Price Chart - FX Leaders

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About USD/JPY
The USD/JPY is a favorite target of currency traders the world over. Occasionally referred to as the Gopher or Ninja, valuations of the USD/JPY depend heavily upon foreign trade. Acting as top-five trading partners, monetary policies implemented by the U.S. Federal Reserve (FED) and Bank of Japan (BOJ) are crucial to pricing. Japan’s dependence on its export sector favors currency devaluation, which often undermines its strength against the USD. Natural disasters such as hurricanes and earthquakes periodically drive the USD/JPY directionally. Due to the yen’s reserve currency status among many Asian countries, the USD/JPY is often viewed as a safe-haven asset.

USD/JPY Brief

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Trading Feed
The news overnight has really been all about the fallout from the Brexit vote and what exactly that means for the UK and GBP/USD going forwa Full Article
14 h
All the attention today will be on the Brexit vote as PM May appears set for a tough time of things and markets are poised for a sell-off a Full Article
2 d
The dollar jumps against most of its rivals on Monday, although increased traders expectations that the Federal Reserve will not hike rates.
3 d
Markets continue to push higher, however, we are looking like getting hit with an avalanche of news and economic data this week, that will b Full Article
3 d
USD/JPY has retrace higher but it ran against the 50 SMA once again, where we decided to sell this pair.
5 d
USD/JPY has lost considerable grown in a month's time, but if we see the big picture things don't look too terrible.
6 d
USD/JPY has been trending higher for a week but it is now forming a triangle and we might see it explode in either direction.
1 wk
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