Are Americans still buying at retail outlets as much as they used to? This question will be answered when 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.
Live USDJPY Chart
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Last week, I made a trade call to sell the USDJPY at 108.40 – 108.45, with a 25-pip stop loss...
The USDJPY posted modest gains on upbeat US retail sales data, which beat analysts’ estimates. The market consensus was for...
The University of Michigan US consumer sentiment report came in at 98.4 beating the consensus expectations for a 98.3 reading,...
USDJPY rebounds for second day adding 0.17% at 107.86 but failed to hold above the 108 level and reaching the...
The new week is here and it is time to look at the key fundamentals for this week. This week’s...
The USDJPY pair continues to range trade and was unable to break the 108.04 intraday resistance level. This is as...
USDJPY rebounds for third day adding 0.28% at 108.17 as traders looking for a 25 basis point interest rate cut...
USDJPY consolidates above the 108 mark for third day as traders looking for a 25 basis point interest rate cut...
The US core durable goods orders as well as the durable goods order data for the month of June have...