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Join The CommunityUSDJPY 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.
Metals continued their upward movement on Wednesday with increasing tensions between Russia and Ukraine.
Detail Market Awaits Upcoming EUR CPI Data (11.19.2024)On Tuesday, precious metals and oil started the day with an increase due to geopolitical tensions.
Detail Dollar Near Two-Year Highs, UK CPI in Focus (18.11.2024)The US Dollar Index hovers near two-year highs at 106.6, pressuring EUR/USD at 1.0540 as hawkish Fed expectations weigh on the euro and pound.
Detail UK GDP and US Retail Sales Data Shape Markets (11.15.2024)The market's focus today will be on the UK GDP data, while in the US, attention will be on retail sales.
Detail Markets Await U.S. Inflation Data and Fed Guidance (11.14.2024)As the market reacts to U.S. inflation data and comments from Fed officials, major currencies and metals experience heightened volatility.
Detail U.S. Inflation Data and Fed Signals Shape Markets (11.13.2024)The focus is on the cautious market sentiment as major currencies and metals respond to potential inflationary pressures from a possible second Trump term and key U.S. data releases.
Detail Dollar Surge Pressures Major Currencies and Metals (11.12.2024)The US dollar strengthened across markets as optimism about a potential second Trump presidency increased expectations for tax cuts, deregulation, and higher tariffs on China and the EU.
Detail Market Focus Shifts to Key Inflation Data and Central Bank Signals (11.11.2024)Investors await crucial U.S. inflation data and Fed signals amid a resilient dollar in a cautious trading environment.
Detail Global Markets React to the Fed Rate Cut Impact (11.08.2024)Today, markets respond to the Federal Reserve’s recent 25-basis-point rate cut decision. It reflects a flexible approach, with Chair Jerome Powell highlighting a meeting-by-meeting policy stance, unaffected by the recent U.S. election outcome.
Detail Markets Await Fed, BoE Decisions as Dollar Surges Post-Election (11.07.2024)Today, the market landscape cautious as the dollar rallies on Donald Trump’s U.S. presidential election victory, with investors focused on upcoming rate decisions from both the Federal Reserve and the Bank of England.
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