USD/JPY back above 144 again today without breaking new ground

On Friday another rebound in the USD/JPY saw it later rise above and close the week above its 21 day moving average. That is in place today at 143.46. The USD/JPY closed on Friday at 143.85, after reaching a high that day, at 144.49. The price action seen so far today has delivered a higher dollar relative to that weekly close, but it has failed to push past the high seen on Friday. The high seen today has been set at 144.46. It is off that high now too. The fact that the Japanese markets were closed today is not seemingly a factor, but of course the Nikkei 225 is closed. Were it open then it would probably have risen and that has been reflected in gains across the Nikkei futures this morning. The low on the USD/JPY seen earlier today was set at 143.70. The dollar is currently trading at 144.13