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



USD/JPY Forecast Ahead of the BoJ Interest Rate Decision

USD/JPY remains on a downward trend ahead of the BoJ interest rate decision scheduled for Tuesday. In March, the Bank of Japan decided to allow the 10-year bond yields to fluctuate by 0.25% from zero on either side. This is up from the previous 0.2%. Besides, it intends to continue […]


USD/JPY Head and Shoulders Suggests More Weakness Ahead

The USD/JPY pair broke lower after the price reversed from a head and shoulders formation. The neckline gave way after the cryptocurrency market had a rough weekend, with the price of Bitcoin losing more than 15% in a flash crash that scared investors. The Japanese yen is seen as a […]

USD/JPY: Reversal Potential After BOJ’s Decision

USD/JPY appears to be tired here. It lacks conviction for a decisive move above 109. The Bank of Japan (BOJ) today was the third major central bank to announce its monetary decision this week, after the Fed and the Bank of England. The BOJ reiterated its efforts to keep the […]

US dollar index

USD/JPY Could Hit 110.00 If Support at 108.819 Stays Intact

Details of the latest CFTC Positioning Report have been publicized. The report indicates that traders have reduced their net shorts on the US Dollar, matching levels last seen in December 2020. This is a reflection of the strength the USD has garnered in the wake of rising long-term bond yields, […]