Chart of price change USD/JPY
Currency pair USDJPY reflects the US dollar in relation to the Japanese yen. This trading instrument takes the second place on liquidity among currency pairs. The American and Japanese economies are one of the world's largest - the reason of the high popularity of this currency pair. In USDJPY base currency is the dollar, and the quoted - yen. Quotes of this trading instrument show how many yens it is necessary to purchase one American dollar.
Economic news
The Australian dollar rose to near a three-year high and the British pound scaled $1.40 for the first time since 2018 on optimism about economic re...
The dollar traded shy of recent highs on Thursday after its first back-to-back gains in two weeks as upbeat data bolstered expectations that the U....
The dollar steadied against major currencies on Monday as traders waited for more data on the U.S. economy, after a disappointing jobs report last ...
The dollar headed for its best weekly gain in three months on Friday, lifted by growing confidence that the U.S. economic recovery will outpace its...
The euro struggled at seven-week lows against the U.S. dollar on Tuesday as concerns about extended lockdowns dampened sentiment towards the single...
Note: The table above is updated before publication with the latest consensus forecasts. However, the text & charts are prepared ahead of...
The dollar was stuck on the back foot against major peers on Wednesday as markets wait on comments from Federal Reserve Chair Jerome...
The euro ticked higher before a meeting of the European Central Bank on Thursday, with the dollar declining versus major peers as plans for a massi...
Brokers' Analytics
EURUSD, “Euro vs US Dollar”EURUSD completed a wave of growth to 1.2100. The market created a consolidation range around this level and, with an escape upwards, acquired p...
LTCUSD, “Litecoin vs US Dollar”LTCUSD is trading at 150.25; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indica...
EURUSD, “Euro vs US Dollar”After finishing the correction at 1.2050 and testing this level from below, EURUSD is expected to form another consolidation range there. Later...
EURUSD, “Euro vs US Dollar”After reaching 1.2000 and then forming another consolidation range there, EURUSD has broken it to the downside; right now, it is still falling ...
EURUSD, “Euro vs US Dollar”EURUSD is trading at 1.2011; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate t...
EURUSD, “Euro vs US Dollar”After expanding the range down and up to 1.2003 and 1.2042 respectively, EURUSD is still consolidating around 1.2025. If later the price breaks...
USDJPY, “US Dollar vs. Japanese Yen”As we can see in the H4 chart, USDJPY is moving above the 200-day Moving Average, thus indicating an ascending tendency. However, righ...
EURUSD, “Euro vs US Dollar”After finishing the descending wave at 1.2011 and then breaking 1.2041 to the upside, EURUSD is expected to form a new consolidation range ther...
GuruTrade users Blogs
These are three main drivers that might influence currencies according to an outlined report at the end of the last week: the U.S. election, stimulus package negotiations and...
A confident stock market rally reflects the investor optimism, which is somewhat opposite to the atmosphere of the unrest for rights and social justice, which plunged many major...
Japan’s economy is likely to endure a severe situation for the time being as the impact of Covid-19 pandemic effects broadly weigh, according to the BoJ (Bank of Japan) report....
The USD/JPY pair has been drifting for third day in a row, repeatedly hitting the resistance level, which turned to be close to the 111.60 line. The price slid on Wednesday downwards...
One hears very often such terms as Forex, Forex business, earnings by Forex, he made a fortune by Forex, Forex traders, Forex market or FX-market! If you are one who is eager to find...
EUR/USD is expected to trade not far off 1.1400 mark. Some swings in price are likely as well as periodic attempts to drive the market out of a calm state. However, all these...
The highest number of financial reports of U.S. companies for the first quarter are due to be published this week. Such tech giants as Facebook, Amazon and Google are going to post...
This week, investors will remain cautious amid geopolitical uncertainty and trade tensions - traders will assess the situation in Syria and trade conflict between the U.S. and China.
The USDJPY financial instrument is especially susceptible to fundamental factors, and also differs by high volatility. The monetary policy of Bank of Japan, the decision of the Ministry of Finance of Japan and U.S. Fed has the greatest impact on the price movement of this currency pair.
The economy of Japan is export-oriented, and the economy of the USA depends on internal consumption. The Asian stock market, in particular, the Japanese stock index of Nikkei 225 has a considerable impact on this trading symbol. Thanks to the raised volatility of the tool and sensitivity to economic events, the technical analysis together with fundamental is applied to forecast the movement of its price. The pair is most liquid in Asian session working hours.