At 1.30pm GMT, the Non-Farm Payrolls report for February 2020 will be released. This analysis presents a preview of the...
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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USDJPY adds 0.15% at 107.27 after the strong U.S. ISM Non-Manufacturing PMI reading. The figure came at 57.3 well above...
The Federal Open Markets Committee (FOMC) has in an unexpected unanimous vote, cut the Federal Funds Rate (i.e. the US...
Asian stocks were mixed in today’s trading ahead of a teleconference between G7 leaders. The Nikkei 225 lost 1.22% or...
Asian equities markets have an incredibly bearish end to February. The Nikkei 225 closed with a 3.67% or 805.27-point loss...
USDJPY dropped steadily since the beginning of today’s trading. The currency pair opened at 109.58 and is now trading below...
The US Prelim GDP data met the market consensus at 2.1%, allowing the USDJPY to trade lower on the back...
Asian stocks were mixed in today’s trading with the Nikkei 225 closing 2.13% or 478.03 points lower at 21,948.16. On...
With coronavirus cases aggressively rising outside of the epicenter China, equities and other higher-yielding assets have been heavily sold off....
For the first time since June 2019, the BOJ’s report on Japan’s core CPI topped expectations. The central bank’s report...