In this section, you will find important USDJPY news, actionable trading ideas, and a live USDJPY chart to help you understand the markets better.

USDJPY is the ticker symbol in Global FX markets that represents how many Japanese Yen you can buy with one US dollar. USDJPY is one of the world’s major currency pairs according to the Bank for International Settlements and represents 17% percent of total daily volume on forex trading markets. The factors that affect the value of the pair are the economic policy by the Japanese and U.S. governments and central banks, but also economic conditions and other economic indicators like unemployment, imports, exports, etc. However, a key driver is risk sentiment and there is a good negative correlation between stock markets and the Japanese Yen in the short term. The JPY is sensitive to risk sentiment as it is a so-called funding currency. The pair is very popular among traders because of the high liquidity and tight spreads.

Live USDJPY Chart



US Consumer Confidence Data, BoJ Weigh on USDJPY

A piece of double news is impacting the USDJPY, sending the pair mildly lower on the day. From Japan comes news that the Japanese PM Shinzo Abe has lifted the state of emergency imposed after the coronavirus pandemic hit that country. Furthermore, the Bank of Japan Governor Haruhiko Kuroda hinted [...]

USDJPY: Japanese yen eerily calm as US and China tensions rise

The USDJPY pair was little changed today as the market reacted to the escalating trade tensions between the United States and China. The market was reacting to an interview that the US president did with Fox news and the reaction from China.

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