FXON's technical analysts provide market reports in the form of columns on the most recent foreign exchange market movements, based on world news and economic activities. Please take a look at it as a reference for your trading.
2025.09.01
NEW
[September 1] September trading opens with subdued movement, USDJPY trades sideways around 147-yen range
Today the USDJPY rose immediately after the opening, reaching a high of 147.38 shortly after GMT 01:30 before quickly retreating to a low of 146.84 around GMT 03:00. As of GMT 05:00, it is trading near 147.0 yen.
2025.08.29
[August 29] End-of-month market with limited movement while waiting for indicators
Today the USDJPY has been moving narrowly around the 147-yen range since the opening. There's a cautious wait-and-see mood ahead of U.S. economic indicators scheduled for release during New York hours.
2025.08.28
[August 28] BOJ's Nakagawa mentions rate hikes, creating slight yen-buying sentiment
Today the USDJPY saw the market react with yen buying after BOJ Policy Board member Junko Nakagawa mentioned rate hikes in a speech. As of GMT 05:00, the pair is trading near the 147.0-yen range.
2025.08.27
[August 27] USDJPY holds firm amid lack of major catalysts, approaching 148-yen range
Today the USDJPY has been moving solidly higher from the opening and is currently trading in the 147.9-yen range as of GMT 04:30.
2025.08.26
[August 26] Trump comments trigger dollar selling but quickly denied, USDJPY rebounds lower
Today the USDJPY saw strong dollar selling after President Trump suggested the dismissal of Fed Governor Lisa Cook, hitting a low of 146.98 yen shortly after GMT 00:30, but the dismissal was quickly denied and as of GMT 04:00 it has recovered back to the 147.8-yen range.
2025.08.25
[August 25] Dollar plunges on U.S. rate cut expectations, buyback momentum also pauses
Today the USDJPY saw dollar buybacks following last week's decline, reaching a high of 147.52 yen shortly after GMT 00:30, but stalled there and as of GMT 04:00 is trading somewhat softly in the lower 147-yen range.
2025.08.22
[August 22] US rate‑cut expectations retreat, dollar buying intensifies ahead of Fed chair speech, USDJPY climbs above 148
Today the USDJPY hit a low of 148.17 directly after the opening, then held firm near this low, and hit a high of 148.77 around GMT 05:00. With Fed Chair Jerome Powell's speech imminent, the pair is showing a gradual, resilient move higher.
2025.08.21
[August 21] USDJPY continues in wait-and-see mood, unable to sustain 146-yen range
Today the USDJPY reached a high of 147.50 around GMT 01:30 and has been consolidating in the lower 147-yen range.
2025.08.20
[August 20] Yen buying slightly dominant but direction unclear, USDJPY continues small movements
As a so-called "5/10 day" (a date ending in "5" or on a multiple of "10" on which Japanese companies often settle foreign exchange payments), today the USDJPY reached a high of 147.81 around GMT 00:30, but declined after the TTM (Telegraphic Transfer Middle Rate) passed, hitting a low of 147.42 shortly after GMT 01:30. As of GMT 05:00, it is moving in the mid-147 yen range.
2025.08.19
[August 19] USDJPY edges higher in small moves, briefly surpasses 148-yen level
Today the USDJPY saw dollar buying after rating agency S&P maintained the U.S. Treasury rating at AA+, reaching a high of 148.11 yen around GMT 01:30 before quickly pulling back. As of GMT 05:00 it is showing small moves in the upper 147-yen range.
2025.08.18
[August 18] Decline halted, USDJPY shows modest strength amid lack of catalysts
Today the USDJPY hit a low of 147.08 shortly after GMT 23:00 (on August 17), then moved higher with fluctuations, reaching a high of 147.58 shortly after GMT 02:00. As of GMT 05:00, it is trading in the lower 147-yen range.
2025.08.15
[August 15] Unable to reach new highs, USDJPY almost breaks below 147 yen
Today the USDJPY reversed course from yesterday's gains and traded weakly. The price hit a low of 147.04 around GMT 05:00. Looking at the 1-hour chart of the USDJPY (as of GMT 05:20 on August 15), the price has been capped without breaking recent highs and is now almost breaking below the 147-yen range.
2025.08.14
[August 14] Yen strengthens on awareness of narrowing U.S.-Japan rate differential, USDJPY drops to 146-yen range
Looking at the 1-hour chart of the USDJPY (as of GMT 05:20 on August 14), the middle line is trending downward. As long as the price doesn't break above 147.5 yen, selling on rallies appears to be an effective strategy.
2025.08.13
[August 13] CPI data halts upward momentum, USDJPY moves back to 147-yen range
Today the USDJPY hit a low of 147.70 around GMT 00:00, then reversed higher and reached a high of 148.16 shortly after GMT 02:00. However, upside momentum has since been held down, and as of GMT 05:00 the pair is trading in the upper 147-yen range.
2025.08.12
[August 12] Dollar strengthens ahead of U.S. July CPI data. Rising above the 148-yen range.
Today the USDJPY continued its steady upward momentum from the previous day, hitting a high of 148.44 shortly after GMT 03:30.
2025.08.11
[August 11] Market continues wait-and-see approach amid lack of catalysts. USDJPY approaches mid-147-yen range.
Today the USDJPY has seen little major movement with Tokyo markets closed, but has traded softly and hit a low of 147.42 shortly after GMT 04:00.
2025.08.08
[August 8] Limited movement continues due to lack of catalysts. USDJPY lacks direction, temporarily falls to 146-yen range.
Today the USDJPY hit a low of 146.72 around GMT 00:00 but found support and bounced back, and is currently trading in the lower 147 range as of GMT 04:00. With no major economic indicators, markets are taking a wait-and-see approach.
2025.08.07
[August 7] Limited volatility since the start of the week, battle continues in the 147-yen range
Today the USDJPY turned higher after hitting a low of 147.15 shortly after GMT 23:00 (on August 6), and as of GMT 04:00 is consolidating in the upper 147-yen range.
2025.08.06
[August 6] USDJPY finds support after decline, consolidates in 147-yen range
Today the USDJPY reached a high of 147.75 around GMT 02:00 but failed to extend gains, then hit a low of 147.30 around GMT 04:30, resulting in lackluster movement.
2025.08.05
[August 5] Dollar buying fails to persist, heavy resistance continues at higher levels
Today the USDJPY rebounded after hitting a low of 146.61 yen around GMT 00:00, but failed to extend gains beyond 147.26 yen reached around GMT 04:00, and as of GMT 05:00 is trading in the lower 147-yen range.
