Earlier in the week that ended on September 28th, the foreign exchange market saw minor fluctuations as traders squared their books. Later, strong U.S. economic figures strengthened the dollar against major currencies. The USDJPY rose to just below 150 yen.

During the week that ended on September 21st, the foreign currency market was sensitive to monetary policy decisions made by central banks in the U.S., U.K., and Japan. Earlier in the week, the USDJPY fluctuated up and down, but concluded the weekly trading session with the dollar strengthening against the yen. The euro and the pound both weakened against the dollar throughout the week.

The unstable political situation in Japan, U.S. economic indicators and the policy interest rate announcement by the European Central Bank (ECB) dominated the foreign currency market during the week that ended on September 14th.