FXstreet.com (Barcelona) - The USD/JPY has rise around 100 pips from 97.11, today's low, to 98.13 in the American session. Currently, the pair is trading in the 97.90/98.10 band.

According to Mohammed Isah. Analyst at FXTechstrategy, USD/JPY is Still Maintaining Its Rally Off The 93.55 Level: The recovery started at the 93.55 level, its Mar 19'09 low suffered a temporary set back after the pair was seen reversing its Thursday gains in early trading today suggesting that correction to consolidation of the said rise may be building up.