Yesterday the USDJPY bottomed at 141.94 directly after opening, rose and continued to climb, hitting a high of 143.79 at around GMT 11:30. The price rise then stalled, with trading for the day closing at 143.16.

Partly because today was 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), the USDJPY began to rise again, having bottomed at 142.85 not long after GMT 22:30. Shortly after GMT 01:30, it hit a high of 143.54 yen.

Looking at the 1-hour chart of the USDJPY (as of GMT 04:00 on September 10), the price has reversed after marking a low in the upper half of the 141-yen range, but the trend seems to be lacking in momentum.

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

There are no closely watched economic indicators today.