USDJPY is trading in the green in today’s Asian session. As of this writing, the currency pair is at 107.69,...
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.
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This week, the value of global stocks decreased as investors showed concern about the increasing number of COVID-19 cases in...
The USDJPY pair rose by almost 15 basis points as traders continued to worry about the surging coronavirus cases in...
USDJPY is leading gains among the major currencies as US President Donald Trump quickly reiterated that the US-China trade deal is still on the table.
USDJPY is trading slightly lower in today’s Asian session despite a dovish BOJ meeting minutes and disappointing Japan CPI report.
USDJPY is trading around its open price for the day after the BOJ kept interest rates steady in its monetary policy decision.
The USDJPY staged a recovery after an upbeat University of Michigan’s Consumer Sentiment index reading today. The UoM Consumer Sentiment...
USDJPY traded lower in yesterday’s trading as risk aversion dominated market sentiment on concerns that the US may need to impose lockdowns again soon.
USDJPY is under selling pressure in today’s Asian session as the US dollar is weaker against all of its major counterparts ahead of the FOMC statement.
The USDJPY pair is down for the second straight day. The pair is trading at 107.90, down from Friday’s open...