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.
The dollar was steady on Monday as traders looked ahead to a week dominated by central bank meetings worldwide, with the Bank of Japan se...
According to the reports for PPI and Retail Sales in the U.S., Producer prices experienced a jump and retail sales were reported to grow. The U.S. ...
The dollar was on track for a weekly gain versus major currencies while the yen drifted lower on Friday, ahead of a flurry of highly-anticipated ce...
Global stocks were set to end the week on a tepid note, following seven weeks of gains, after hotter-than-forecast U.S. inflation knocked...
According to the Gross Domestic Product (GDP) report yesterday, Britain’s economy returned to growth in January after entering a shallow rece...
Asian shares held near seven-month highs on Thursday though traded mostly sideways as investors awaited fresh catalysts that would provide further ...
Unemployment-related benefits (Claimant Count) are higher (for February 2024 period ) than previous and with lower average earnings reported. The u...
The U.S. dollar index held steady on Wednesday as traders shrugged off hotter-than-expected U.S. inflation and still expected a Federal Reserve int...
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth wave to 1.0866. A correction structure to 1.0843 (testing from above) is expected today. Once the corre...
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a decline wave, reaching 1.0799. Amid the news, the market received support at this level, creating upward momen...
EURUSD, “Euro vs US Dollar” EURUSD is rising after a rebound from the upper boundary of the descending channel. The instrument is going above the Ichimoku Cloud, which su...
EURUSD, “Euro vs US Dollar” The EURUSD pair corrected to 1.0886, and today the first structure of the fifth decline wave to 1.0570 is already developing. The target of th...
EURUSD, “Euro vs US Dollar” EURUSD is rising after a rebound from the support. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the ...
EURUSD, “Euro vs US Dollar” The EURUSD pair has corrected to 1.0845. Today the market is forming a consolidation range around 1.0836. With an escape from the range upward...
USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes remain in the overbought area on H4. The RSI is approaching the resistance line. In this situation, a test of +1/8 (150....
EURUSD, “Euro vs US Dollar” The EURUSD currency pair extends a decline wave to 1.0830. Practically, a consolidation range continues developing around this level. With an ...
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.