The US dollar initially rallied a bit during the early hour here on Monday, but you can see we have struggled a bit. And at this point in time, this looks like a market that’s hanging around the 200 day EMA, which of course is an indicator that a lot of people use to determine the overall trend. And it’s worth noting that the 200 day EMA right now, it’s flat.
USD/JPY Forecast:Dollar Still Rangebound Against the Yen – 23 September 2025
