Forex Session
Tokyo
Detailed FX session intelligence for Asia.
Opening SoonAsia
Tokyo
Tokyo is the main Asian FX session and is especially important for yen flow, exporter hedging, and early regional risk sentiment.
Session hours
00:00 – 09:00 UTC
Peak overlap
Overlap with Sydney from 00:00 – 07:00 UTC
Liquidity profile
Moderate liquidity, strongest in JPY crosses and Asia-sensitive pairs
Session notes
What usually matters here
USD/JPY often becomes the key read on Asian macro tone and local policy expectations.
Exporter and importer flows can shape price behavior around the Tokyo fix.
This session often sets up the tone that Europe inherits a few hours later.
Major pairs
Core FX pairs for this session
USD/JPYEUR/JPYAUD/JPYGBP/JPY
Why traders watch it
This page is meant to act as the session-level reference card: what the session is, where liquidity usually concentrates, and which pairs are most important inside that window.