USD/JPY represents the exchange rate between the U.S. dollar and the Japanese yen. It is one of the most traded currency pairs in the forex market, known for its liquidity and volatility. The pair is influenced by interest rate decisions from the Federal Reserve (Fed) and the Bank of Japan (BoJ), as well as economic data, inflation reports, and global risk sentiment. The Japanese yen is often considered a safe-haven currency, meaning it strengthens during economic uncertainty. USD/JPY sees the highest trading activity during the Asian and U.S. trading sessions, making it popular among forex traders.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.