Due in part to the absence of price-moving news, yesterday the USDJPY bottomed at a low of 143.44 at around GMT 01:00, then flipped into a leisurely rise.

By around GMT 18:30 it had recovered to the point that it marked a high of 144.65.

Today the USDJPY changed direction after bottoming at the low of 144.23 it hit some time after GMT 23:00, and had climbed to the neighborhood of 145 yen by shortly after GMT 03:30.

Looking at the 1-hour chart of the USDJPY (as of GMT 03:30 on August 27), the price rebounded after breaking below the recent low of 144.45, and is once again trading in the zone above this line.

(20-period Bollinger Band, showing ±1 and ±2 standard deviations)

Today's main economic indicators are as follows.

• GMT 13:00 U.S. June Case-Shiller home price index (YoY)
• GMT 14:00 U.S. August Consumer Confidence Index (Conference Board)
• GMT 14:00 U.S. August Richmond Fed manufacturing index