Asian stocks were mixed in today’s trading ahead of a teleconference between G7 leaders. The Nikkei 225 lost 1.22% or...
USDJPY
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
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The USDJPY pair was little changed today as the market reacted to weak data from Japan and as the participants waited for the US nonfarm payrolls data that will be released today.
The USD/JPY pair retreated in early trading as traders reflected on the actions by the Federal Reserve and a slew of economic data from Japan.
The USDJPY is down by 0.25% today, continuing a plunge that has been going on for the past five consecutive...
After rallying to its three-week highs yesterday, USDJPY gave up some of its gains after BOJ Governor Kuroda expressed willingness to ease policy even more.
The Japanese Yen has been on a rollercoaster ride over the past few months, with investors closely watching the actions...
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 USD/JPY price made a strong bearish move on Wednesday after the US published a relatively weak inflation report. It...
The USD/JPY price rose after the relatively strong Japanese household spending data and ahead of the US nonfarm payroll numbers....
The Japanese yen (USD/JPY) has failed to benefit properly from the recent plunge in the DXY index. Since the start...