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USDJPY trading is available 24 hours a day from Monday to Friday, aligning with the global forex market hours. The most active trading periods are during the overlap of the London and New York sessions, and the Tokyo session. Please see the USDJPY contract details for spread, swap, and other specifics.
Taking a short position in USDJPY means you are selling the US dollar and buying the Japanese yen. This means you expect the value of the USD to decrease relative to the JPY. For example, if you short USDJPY at 110.00 and the price falls to 109.50, you profit from the 50 pip decrease. However, if the price rises, you experience a loss.
Conversely, taking a long position in USDJPY means you are buying the US dollar and selling the Japanese yen. This means you expect the value of the USD to increase relative to the JPY. For example, if you long the USDJPY pair at 110.00 and the price rises to 110.50, you profit from the 50 pip increase. However, if the price falls, you incur a loss.
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zForex offers MT5 for trading and analyzing USDJPY, including real-time price charts and technical indicators. For buy and sell signals and comprehensive market analysis, stay informed with our Daily and Weekly Market Research, and follow our YouTube and Telegram channels.
The value of USDJPY is influenced by several key factors, including interest rate differentials between the US and Japan, economic data releases, and politics.
For example, if the Federal Reserve increases interest rates while the Bank of Japan maintains low rates, the USD may strengthen against the JPY, driving the USDJPY pair higher. Similarly, positive US economic data, such as higher GDP growth, can also increase USDJPY.
The dollar index steadied around 108.4 on Friday, its highest since November 2022, as investors awaited the PCE price index.
Detail Monetary Policy Divergence Fuels Market Volatility (12.19.2024)Recently, divergences in monetary policies among major central banks and economic uncertainties have caused volatility in financial markets. The Fed's signal of limited rate cuts strengthened the dollar, putting pressure on other G10 currencies and commodities.
Detail Gold Trades Around $2,650 Before Fed Cut (12.18.2024)Markets remained cautious as the Fed prepared for a widely expected 25bps rate cut.
Detail Markets Grapple with Central Bank Policy, Geopolitical Risks, and Mixed Data (12.17.2024)Global markets faced a complex blend of central bank signals, political uncertainties, and mixed economic indicators on Tuesday.
Detail Gold Appeal Rises, Growth May Slow in 2025 (12.16.2024)The Federal Reserve is expected to implement another 25bps rate cut at its final meeting of the year.
Detail Global Markets Adjust to Fresh CB Cuts Among Geopolitical Risks (12.13.2024)Markets navigated a challenging environment as the euro slipped near a two-year low following another ECB rate cut and hints of further easing.
Gold paused after a three-day rally as investors analyzed US inflation data, which showed headline inflation rose as expected and core inflation remained steady.
Detail Precious Metals Rise on Fed and China Bets (12.11.2024)The US dollar maintained its strength as investors awaited the US inflation report that could influence Federal Reserve policy.
Detail Central Banks and Geopolitical Strains Steer Market Sentiment (12.10.2024)The euro hovered near $1.05 as traders braced for another ECB rate cut and grappled with Eurozone uncertainties, including political unrest and subdued economic indicators. Meanwhile, the yen remained steady as the BOJ weighed possible interest rate hikes, and gold gained ground amid Chinese policy shifts and tensions in the Middle East.
Detail Euro Steadies as Political Calm and CB Outlook Shape Market Sentiment (12.09.2024)The euro remained steady near $1.06 following renewed confidence in French political stability and clearer indications of policy easing from the European Central Bank. President Macron’s initiative to appoint a new prime minister and secure the 2025 budget calmed investor nerves, while markets anticipate a 25 bps ECB rate cut next week, bringing the total expected easing through mid-2025 to 125 bps. Meanwhile, strong US jobs data increased bets on a December Fed cut, underscoring resilient economic conditions and global monetary policy shifts that keep the currency markets on edge.
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