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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105
Weekly Trends
FOMC
USDJPY remains in uptrend from 105.32, the fall from
29 October 2014 #usd/jpy
- 183 Forecasts GENERALISED FOREX FORECAST FOR OCTOBER 27–31 2014 Last week’s forecast was confirmed by 100% for all four
- 189 Currency Yen, Aussie weaken in Asia. IMF forecast On Wednesday, both the Japanese yen and the Australian
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203
Currency
Dollar rises vs rivals close to 4-year highs ahead
The greenback advanced against a basket of other major
3 October 2014 #forex news, usd/jpy
- 178 Currency Yen, Aussie weaken on Friday; Hong Kong protests On Friday the yen kept weakening in Asia on a mix of
- 136 Currency Yen gains in Asia, while kiwi and aussie plunge On Tuesday, the yen gained against the dollar on a
- 174 Currency Greenback remains close to 4-year peaks after The US currency remained close to four-year highs
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167
Currency
Aussie steeply down
On Thursday the Australian dollar plunged after Reserve
25 September 2014 #usd/jpy, Glenn Stevens
- 149 Currency USD/JPY: Dollar slips lower vs. yen after Abe The dollar moved lower against the yen on Wednesday
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181
Currency
Pound jumps in Asia ahead of independence results
The British currency rallied on Friday in Asia on
19 September 2014 #us dollar index, usd/jpy
- 165 Currency Dollar remains supported vs. rivals As investors awaited the outcome of the Federal
- 162 Currency Aussie drops ahead of Fed The Australian dollar dropped on Wednesday after a
- 152 Currency Dollar holds steady, near 14-month highs vs On Tuesday the dollar kept being stable near 14-month
- 183 Market News Asian shares wary after Obama's speech On Thursday Asian share market sentiment was cautious
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