No major trend arose during yesterday's US dollar-Japanese yen session, with the price oscillating above 151 yen with a range of 40 pips or so.

The following is a list of instruments whose trading hours will change between April 1, 2024 and April 29, 2024 due to public holidays.

Before midday yesterday the US dollar-Japanese yen rate reached 151.96, a new high for recent trading. After moving sideways for a while, reports emerged after 5 p.m. of a three-party meeting between the Ministry of Finance, the Financial Services Agency, and the Bank of Japan, which sent the currency plummeting. This was followed by verbal intervention, and some time after 8 p.m. the yen hit a low of 151.02.

The US dollar-Japanese yen rate failed to show any energy throughout yesterday's session, hitting a low of 151.20 yen after 6 p.m. before rising to touch 151.60 before 1 a.m., after the change of date.

In yesterday's market the US dollar-Japanese yen rate traded in a range bound by the high of 151.54 and the low of 151.05.

Last week saw a series of important economic indicator releases and key figures' statements, including policy rate announcements in Japan and the United States.

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Please note that the trading hours for some instruments have been changed.

Trading hours will change for some instruments due to the daylight saving time in Europe.

Through the past week, the USDJPY rose while the EURUSD and GBPUSD moved to correct upward momentum. The USDJPY traded in the range of 146.48 to 149.16, with a break above 150 once again in sight.

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