Search results :
FXON Market Analysis (April 28 to May 4)
In the foreign exchange market for the week that ended on May 4th, the USDJPY rebounded sharply to come back into the 145 yen range. The yen sold off as the development of the Trump tariffs calmed down and expectations for an early interest rate hike by the Bank of Japan (BOJ) receded.
[May 2] Expectations of delay to BOJ rate hike push USDJPY near 146 yen as markets await U.S. employment statistics
Today the USDJPY reached a high of 145.92 yen around GMT 00:30 and then paused, and as of GMT 05:00, it is trading in the lower 145-yen range.
[May 1] Bank of Japan maintains interest rate, yen selling follows as expectations for additional rate hikes recede
Today the USDJPY weakened after the Bank of Japan maintained its interest rate and reports that the Outlook Report would downgrade GDP and price forecasts, reaching a high of 144.02 yen around GMT 05:00.
[April 30] USDJPY in 142-yen range showing resilience to downside, market awaits U.S. economic indicators
Today the USDJPY is trading somewhat firmly as of GMT 04:00, with dollar buying returning after President Trump's 100-day inauguration anniversary speech concluded without incident.
[April 29] USDJPY briefly falls below 142 yen before rebounding, buyback continues after decline
Today the USDJPY has stabilized after yesterday's decline with dollar buybacks occurring, showing firmness despite fluctuations. As of GMT 05:00, it is trading in the upper 142-yen range.
Notice of Change in Trading Hours in May 2025
The following is a list of instruments whose trading hours will change between May 1, 2025, and May 29, 2025, due to public holidays.
[April 28] Stalled in the mid-143 yen range, direction remains uncertain
Today the USDJPY reached a high of 143.87 yen around GMT 22:30 (on April 27), a low of 143.34 yen around GMT 01:00, and as of GMT 04:00, it is moving without clear direction in the 143.6-yen range.
FXON Market Analysis (April 21 to 27)
In the foreign exchange market for the week that ended on April 27th, the dollar strengthened against the yen as a series of dollar sell-offs eased. After falling to the 139 yen range, the USDJPY rebounded to around 144 yen by the end of the week.
[April 25] China considering exempting some products from tariffs. Could this be a sign of easing trade war tensions?
Today the USDJPY has been somewhat firm since the opening. Reports that China is considering exempting some U.S. products from tariffs caused a sharp rise, and around GMT 04:00, the price reached a high of 143.80 yen, and continues to rise.
Notice of Launch of Overseas Bank Transfer Service and Scheduled Maintenance
From Monday, April 28, 2025 at 4:00 am (GMT), USD deposits and withdrawals via overseas bank transfer will be available on FXON. Please note that system maintenance will be conducted from 1:00 am to 4:00 am on the same day.
[April 24] Has the heat from Trump's comments cooled down? USDJPY pushed downward gradually, breaking below 143 yen
Today the USDJPY has been declining since the market opening, reaching a low of 142.60 yen shortly after GMT 02:30, and as of GMT 04:00, it is trading in the upper 142-yen range.Looking at the 1-hour chart of the USDJPY (as of GMT 04:00 on April 24), it has reached the +2 standard deviation level and has since retreated.
[April 23] Trump softening stance sends USDJPY temporarily to 143-yen range
Today dollar buying accelerated as President Trump indicated he has no intention to dismiss Fed Chair Jerome Powell and showed a softening stance on tariffs against China. The price reached a high of 143.21 yen shortly after GMT 22:30 (on April 22).
[April 22] Dollar weakness due to U.S. uncertainty continues, approaching below 140 yen
Today the USDJPY reached a high of 141.17 yen around GMT 01:30, then began to decline, hitting a low of 140.10 yen around GMT 03:30, and as of GMT 04:00, it continues to fluctuate around that level.
[April 21] Dollar weakness continues due to double confusion over tariff and monetary policy, falling into the 140-yen range
Today the USDJPY declined as dollar selling accelerated after President Trump suggested he might dismiss Fed Chair Jerome Powell, despite many countries being closed for Easter Monday. It reached a low of 140.61 yen shortly after GMT 02:30. As of GMT 04:00, it is attempting to recover toward the 141-yen level.
FXON Market Analysis (April 14 to April 20)
In the foreign exchange market for the week that ended on April 20th, heightened uncertainty over the Trump tariffs continued to make the market nervous. The USDJPY, which plummeted in the previous week, hovered around that week's bottom as it failed to show a clear direction throughout the week.
[April 18] Market activity subdued due to closed European and U.S. markets, USDJPY fluctuates in 142-yen range
Today, major markets are closed for Good Friday, and the USDJPY touched a low of 142.20 yen around GMT 00:00 but didn't fall further, fluctuating in the lower 142-yen range.
[April 17] USDJPY briefly breaks below 142, headline-driven movements continue
Today the USDJPY reached a high of 142.86 around GMT 01:30, as exchange rates were not discussed during the U.S.-Japan trade talks. Looking at the 1-hour chart of the USDJPY (as of GMT 05:00 on April 17), we can see a rebound after reaching -2 standard deviations, with resistance being watched around 142.9. If the price fails to break above this level, it would be appropriate to maintain a downward outlook.
[April 16] Little momentum but downward pressure on the dollar persists
Today the USDJPY reached a high of 143.28 yen shortly after GMT 23:00 (on April 15) before declining, hitting a low of 142.46 yen around GMT 04:00. Looking at the 1-hour chart of the USDJPY (as of GMT 04:30 on April 16), it appears to be breaking below the consolidation range and approaching the support line around 142.22 yen.
[April 15] Drop pauses while price struggles to rise, hovering around 143-yen range
Today the USDJPY traded somewhat firmly from the opening, reaching a high of 143.59 yen shortly after GMT 00:30. After the TTM (Telegraphic Transfer Middle Rate) passed, the price declined, and as of GMT 04:00, it is trading in the lower 143-yen range.
[April 14] Fluctuations in Trump-era market continue, USDJPY drops to 142-yen range before settling
Today the USDJPY touched a high of 144.06 yen around GMT 22:00 due to reports that smartphones would be excluded from mutual tariffs. However, when those reports were denied, expectations for mitigation of trade friction receded, causing a decline. The price touched a low of 142.25 yen around GMT 01:30 and stabilized, remaining in the lower 143-yen range as of GMT 04:00.
