This pair’s most volatile time is when the US session opens (12 p.m. GMT). USDJPY visibly correlates with the Nikkei 225 index. The JPY rate to USD depends on the crude oil market price—yen gets stronger if the oil price goes down. While both countries depend on oil, the USD rate is usually levelled off by the fact that oil is traded in US dollars and other factors. USDJPY has a daily volatility of around 90 pips.
Spreads and conditions
- 100 000 USD
Most popular assets
2 days agoUSD/JPY Price Analysis: Bearish flag pattern spotted on hourly charts
2 days agoUSD/JPY retains its bearish stance despite a modest bounce from weekly lows
2 days agoUSD/JPY: Short-term top to keep risks lower for a move to support at 104.00/103.87 – Credit Suisse
2 days agoUSD/JPY now looks to the 104.00 level – UOB