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...
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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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...
USDJPY gives up over 80 pips as Japanese Yen safe-haven status re-established amid the recent sell-off in risky assets. The...
Asian equities markets were mixed in today’s trading. While the Japanese and mainland Chinese stocks traded lower, Hong Kong markets...
Asian equities markets are all trading lower today on renewed concerns about the coronavirus outbreak. The Hang Seng Index is...
USDJPY breaks up to ten-month highs as the rally that started yesterday accelerated today with a break above the 112.00...
The USDJPY marginally extended its bearish run for the day after disappointing US CPI data. According to the Bureau of...
Just like their US counterparts, Asian stock markets scored gains in today’s trading as coronavirus fears abated on optimistic remarks...
Asian equities markets were mixed in today’s trading. The Nikkei 225 closed lower in today’s trading by 142.0 points or...