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
23 minutes agoUSD/JPY jumps back above mid-104.00s, lacks follow-through
3 hours agoUSD/JPY to see a steeper decline once below 104.00
6 hours agoUSD/JPY jumps to fresh session tops, around mid-1.3300s amid sliding oil prices
7 hours agoUSD/JPY bounces-off lows near 104.10, not out of the woods yet