USD/JPY News & Analysis

Recent USD/JPY Forex News

The Case Against the US Dollar

Here's a look at the broader market price action in the US Dollar pairs and why things could be getting close to turning.


USDJPY and Hard Facts

We've been wrestling a USDJPY short position with little success, but irrespe...


Waiting for that momentum

Positions are looking good as we head into the weekly close. Expectation for ...


Position Overview

Here's a quick update of the current exposure.


Looking for the Euro to Hold Up

The Euro hasn't been excited about trading higher in recent months, but at th...


Important Week on the Charts

It's going to be an important week in the FX market, as the Euro trades back ...


Thank You RBNZ

Was nice to see the RBNZ's updated communication in its latest policy decision.


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Explore Currency Pairs

The US Dollar cross with the Japanese Yen (USD/JPY) currency pair is one of the most important pairs to watch and is also one of the most actively traded. This pair is used a lot as a barometer for global risk sentiment given the traditionally low interest rate policy in Japan, which acts as an incentive for investors to fund investments via the lower yielding Yen into higher yielding currencies.

While the US economy is viewed as the largest and most sophisticated and stable economy in the world, the Japanese economy is less stable and very much dependent on its export economy, which means the Japanese economy also benefits from a weaker currency. But if you're looking to make a play on risk sentiment, you would be inclined to buy this pair when risk appetite is strong, because many will be selling Yen to buy higher yielding riskier investments. Meanwhile, if risk appetite wanes, there will be a flow of funds out of the higher yielding, riskier currencies and back into the Yen, which would making selling the major pair the common play in this scenario.