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: The Japanese yen is set to remain strong – Danske
1 day agoUSD/JPY keeps the rangebound theme unchanged – UOB
1 day agoUSD/JPY Price Analysis: Remains trapped between key hourly averages, awaits US data
1 day agoUSD/JPY slips back below 104.00 level as Powell reiterates Fed accommodative stance