US Dollar / Japanese Yen price (USD/JPY)

About US Dollar / Japanese Yen

USD/JPY shows how many Japanese yen one US dollar buys and is one of the most traded pairs after EUR/USD. The yen tends to strengthen when markets are fearful, and the gap between US and Japanese interest rates plays a large part in the pair's trend.

What moves US Dollar / Japanese Yen

• The gap between US and Japanese rates and bond yields
• Bank of Japan policy
• The chance of Japanese intervention in the currency market
• Global risk sentiment

Trading hours

Forex is open around the clock from Sunday evening to Friday evening, New York time, and closed at weekends. The Sydney, Tokyo, London and New York sessions follow one another, with the most volume when London and New York overlap.