USD/JPY instrument spotlight — MarketAlleys Forex desk
This spotlight examines USD/JPY amid ECB-sourced forex moves and MarketAlleys trend signals for the pair.
Price action
Price action USD/JPY was quoted at 157.90 and rose 0.41% from the prior ECB fixing, with a five-session change of +0.28%, according to European Central Bank (euro reference rates). These figures are the latest ECB euro-reference rates for the pair as of Nov 2, 15:00 UTC.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| USD/JPY | 157.90 | +0.28% | +0.41% | Nov 2, 15:00 UTC | European Central Bank (euro reference rates) |
Trend and momentum
Trend and momentum MarketAlleys trend signals show USD/JPY as bearish with RSI(14) 45.7. The pair’s last close was 157.25; that close sits below the 50-day SMA 157.43 and below the long SMA 158.53, per MarketAlleys trend signals (last day 2026-10-30).
| Instrument | Close | SMA50 | Long SMA | RSI(14) | Trend status |
|---|---|---|---|---|---|
| USD/JPY | 157.25 | 157.43 | 158.53 | 45.7 | bearish |
Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Nov 1, 22:41 UTC); it is not a recommendation.
Across forex
Across forex According to the European Central Bank (euro reference rates), EUR/USD rose 0.39% and GBP/USD rose 0.15%, while USD/CHF fell 0.40% and AUD/USD fell 0.23%. Finnhub shows the UUP ETF fell 0.24% from the prior close.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| EUR/USD | 1.1216 | +0.39% | vs prior fix | Nov 2, 15:00 UTC | European Central Bank (euro reference rates) |
| GBP/USD | 1.3419 | +0.15% | vs prior fix | Nov 2, 15:00 UTC | European Central Bank (euro reference rates) |
| USD/CHF | 0.8196 | -0.40% | vs prior fix | Nov 2, 15:00 UTC | European Central Bank (euro reference rates) |
| AUD/USD | 0.7008 | -0.23% | vs prior fix | Nov 2, 15:00 UTC | European Central Bank (euro reference rates) |
| US Dollar Index (via UUP ETF) | $28.93 | -0.24% | vs prior close | Nov 2, 15:00 UTC | Finnhub |
What to watch
What to watch The Job Openings and Labor Turnover Survey is scheduled Tue Nov 3, 15:00 UTC (bls). The International trade balance (BEA/Census) is scheduled Wed Nov 4 (time not confirmed) (fred). Weekly jobless claims (DOL) are scheduled Thu Nov 5 (time not confirmed) (fred). The Bank of England rate decision and Monetary Policy Report is scheduled Thu Nov 5, 12:00 UTC (bankofengland).
- Tue Nov 3, 15:00 UTC — Job Openings and Labor Turnover Survey (US) (source)
- Wed Nov 4 (time not confirmed) — International trade balance (BEA/Census) (US) (source)
- Thu Nov 5 (time not confirmed) — Weekly jobless claims (DOL) (US) (source)
- Thu Nov 5, 12:00 UTC — Bank of England rate decision and Monetary Policy Report (GB) (source)
- Thu Nov 5, 13:30 UTC — Productivity and Costs (US) (source)
Sources and data
- European Central Bank (euro reference rates) (primary source) — market data
- Finnhub (market data) — market data
- U.S. Treasury and Federal Reserve Board via FRED (primary source) — Yields and dollar index
- U.S. Bureau of Labor Statistics (primary source) — calendar
- U.S. Energy Information Administration via FRED (primary source) — calendar
- Bank of England (primary source) — calendar
- Federal Reserve (primary source) — calendar
Market data as of Nov 2, 15:00 UTC; report generated Nov 2, 15:00 UTC. All times are UTC. Each table row shows its own timestamp and provider.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.
Terms in this article
Gold (XAU)
A precious metal held as a store of value, a hedge against currency debasement and a safe haven, as well as used in jewellery and industry.
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Central bank
The institution that sets a country's or region's monetary policy, issues its currency and oversees the banking system — for example the Federal Reserve, European Central Bank, Bank of England and Bank of Japan.
Relative Strength Index (RSI)
A momentum oscillator, developed by J.
Moving average
The average price over a rolling window, plotted to smooth out noise.
Sources & data
- European Central Bank (euro reference rates) (primary, retrieved Nov 2, 2026, 03:03 PM UTC)
- Finnhub (market-data, retrieved Nov 2, 2026, 03:03 PM UTC)
- U.S. Treasury and Federal Reserve Board via FRED (primary, retrieved Nov 2, 2026, 03:03 PM UTC)
- U.S. Bureau of Labor Statistics (primary, retrieved Nov 2, 2026, 03:03 PM UTC)
- U.S. Energy Information Administration via FRED (primary, retrieved Nov 2, 2026, 03:03 PM UTC)
- Bank of England (primary, retrieved Nov 2, 2026, 03:03 PM UTC)
- Federal Reserve (primary, retrieved Nov 2, 2026, 03:03 PM UTC)
Market data as of Nov 2, 2026, 03:00 PM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
Was this useful?
Report an issue with this article
Related coverage
VIXY falls 4.62% as IWM leads index gains at 16:00 UTC
Equity ETFs were mostly higher at the 16:00 UTC mark; volatility-linked VIXY fell while small-cap IWM led gains, according to Finnhub.
MarketAlleys Research Desk · · 3 min read
Crypto market update: Solana led losses as bitcoin traded near $77,386
CoinGecko shows Solana fell 1.58% over 24 hours and led declines as of Nov 2, 15:59 UTC; Bitcoin, Ether and XRP posted mixed moves while CoinDesk published several crypto headlines including a Coinbase downgrade.
MarketAlleys Research Desk · · 2 min read
SPY ETF up while USO ETF leads declines
At 15:30 UTC, the USO ETF was the largest mover, with mixed action across the dollar, gold and U.S. stocks.
MarketAlleys Research Desk · · 3 min read
Gold via GLD ETF at $362.48 after 1.88% rise
The GLD ETF was $362.48 as of Nov 2, 15:30 UTC, rising 1.88% from the prior close; Reuters ran a rebound headline and Forexlive published a chart-of-the-day warning about gold's technicals.
MarketAlleys Research Desk · · 2 min read