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: Best week in months ahead of Fed and BoJ
1 day agoNo change in policy as the BOJ adopts a wait and see approach - TD Securities
1 day agoUSD/JPY technical analysis: The Greenback can rise to the 109.00 handle against Yen
1 day agoUSD/JPY gains some traction, above 108.00 mark post-US retails sales