Will the resurgent yen appreciation trend continue? Market participants are keeping a close eye on price movements during U.S. trading hours.

Will the resurgent yen appreciation trend continue? Market participants are keeping a close eye on price movements during U.S. trading hours.

11.04.2025

In the previous day’s U.S. currency trading, the U.S. dollar became the weakest currency from European to U.S. trading hours. The EUR/USD pair rose from 1.0932 to 1.1240. An uptrend developed along the 10-period moving average on the hourly chart. On the 4-hour chart, a band walk along the +3σ line of the Bollinger Bands was observed, and the pair has continued to hit new highs during today’s Asian trading session.

Among European currencies, the pound fell against the yen. GBP/JPY dropped from 189.593 to 186.364.The 20-period moving average on the hourly chart has shifted from above to below the price. On the 4-hour chart, the pair is fluctuating around the 187-yen psychological level, while on the daily chart, the RSI is hovering near 40, indicating that the market is still searching for direction. We will be watching closely to see if the pound’s weakness continues into the U.S. trading session.

Today’s schedule includes Japan’s money supply at 8:50, the UK’s monthly GDP and Germany’s consumer price index at 15:00, the UK’sIndustrial Production, UK Manufacturing Output, and UK Trade Balance; at 6:45 PM, remarks by ECB President Lagarde; at 9:30 PM, US Producer Price Index; at 11:00 PM, US University of Michigan Consumer Sentiment Index, and remarks by US St. Louis Fed President Musalem; and at midnight, remarks by US New York Fed President Williams.We will closely monitor price movements during U.S. trading hours to determine whether the recent trend of yen appreciation will continue.

Past Market Reports

1. 17.04.2026New

   Will the market wait and see how much further the U.S. dollar can rise against the yen?

2. 16.04.2026New

   Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.

3. 15.04.2026New

   Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar

4. 14.04.2026New

   Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

5. 13.04.2026New

   Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures

6. 10.04.2026

   Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?

7. 09.04.2026

   Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?

8. 08.04.2026

   Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?

9. 07.04.2026

   Market participants may be wary of further downside potential for the U.S. dollar, which has weakened amid concerns over the situation in Iran

10. 06.04.2026

    Investors should be wary of sudden spikes in volatility while major markets are closed