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- USD / JPY range above 86.00
USD / JPY range above 86.00
Today's rally was limited to a maximum of 86.18, and since then, USD / JPY is trading between the aforementioned level and mark 86.00. The market is thin trading in the absence of economic events. Japanese markets are closed for a bank holiday, while in the U.S. scheduled release of data on industrial activity in the area of the Federal Reserve Bank of Dallas.
This year, the USD / JPY made a sharp rebound from historic lows reached in late 2011. After Abe led government, USD / JPY updated yearly highs at 86.64.
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