Why is USD/JPY Moving Higher in Forex Trading?

Dollar gains against yen in currency trading

The U.S. dollar/Japanese yen currency pair is moving higher in forex trading on the currency market. But why is there such movement in the pair? USD/JPY appears to be decoupling from the stock market — and other major currencies — in an interesting break with tradition. GFT’s Kathy Lien offers these 5 reasons in FX360:

1. Fear of U.S. debt and more problems with China.
2. Possibility of more quantitative easing.
3. Dollar is being used as a funding currency.
4. Exporter selling as Japanese try to avoid yen strength.
5. A technical break in USD/JPY

These are concerns that some forex traders have, and it is causing them to believe that the U.S. dollar is a better choice right now than the Japanese yen in currency trading.