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
1 day agoUSD/JPY: Neutral bias, yen to maintain funding currency status – ING
2 days agoUSD/JPY Technical Analysis: Greenback rebounds from November lows, trading above 108.70 level
2 days agoUSD/JPY clings to gains near session tops, around 108.70 post-US data
2 days agoUSD/JPY looks weaker and could slip back to 108.00 – UOB