usd/jpy
The abbreviation for the U.S. dollar and Japanese yen (USD/JPY) pair or cross for the currencies of the United States (USD) and Japan (JPY). The currency pair shows how many Japanese yen (the quote currency) are needed to purchase one U.S. dollar (the base currency).
The pair is also known as trading the
"gopher".
The USD/JPY tends to have a positive correlation with the USD/CHF and USD/CAD currency pairs because they all use the U.S. dollar as the base currency.
Yen is one of the most traded currencies in the world, especially due to its low interest rate since the Yen is used in carry trades.
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The USD/JPY was supported firmly at ¥115-117.5 by
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USD/JPY maintained its upside momentum in
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USD/JPY breaks higher from a symmetrical triangle
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436
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Dollar edges higher on Greece
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87
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USD/JPY: Yen ticks higher amid risk-off trades on
USD/JPY reversed previous gains and fell to fresh daily
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USD/JPY rises above 119.00
USD/JPY broke above the 119 mark and printed
6 February 2015 #usd/jpy
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126
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Disappointing US trade balance report keeps dollar down
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308
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Aussie falls steeply after surprise rate cut by Reserve
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