USDJPY looks poised to extend its losing streak to a sixth consecutive trading day. As of this writing, the currency pair is trading at its March lows.
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
Movement on USDJPY was limited in yesterday’s trading despite the much-anticipated FOMC interest rate decision. Technicals suggest potential upside.
USDJPY is leading losses among the majors in today’s trading as investors reduce their exposure to the USD ahead of the FOMC rate decision later this week.
USDJPY is testing a confluence of resistance ahead of what looks like a quiet trading day for the currency pair. Will USD weakness continue?
The USDJPY pair was little changed today as traders react to the disappointing trade numbers from Japan. The pair is trading at 107.24, which is within the range it has been in the past few weeks. As a result, its volatility has dropped to the lowest level since March. Japan […]
USDJPY may be unchanged from its opening price in today’s trading, but it’s worth pointing out that technicals suggest a potential upside break soon.
The USDJPY is little changed today as traders react to the BOJ interest rate decision. The pair is trading at 107.25, which is a few pips above the intraday low of 107.200. BOJ rate decision At the conclusion of the two-day meeting started yesterday, the BOJ did what most people […]
The latest interest rate decision from the Bank of Japan (BoJ) hits the newswires on July 15 at 3 a.m. GMT. The consensus among economists and several bank analysts is
USDJPY is facing some selling pressure early on in today’s Asian session, ahead of the BOJ rate statement scheduled tomorrow.
The economic calendar was relatively calm this week. The only major events in it were the RBA interest rate decision and the Canadian jobs numbers. The US dollar weakened against key currencies while gold price reached the highest level in more than 7 years. Global stocks wavered as US tensions […]