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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.
President Trump signed the bill ending the 43-day shutdown, lifting gold above 4,200 dollars and silver to 54 dollars. Markets now await delayed U.S. data, with the White House warning October jobs and CPI may not be released. Fed cut odds slipped to 60 percent, while ADP figures showed firms cutting about 11,250 jobs per week.
Global markets remained steady on Wednesday as investors awaited key inflation reports and monitored U.S. political developments. The euro hovered near 1.1580 ahead of Germany’s CPI and HICP data, while the yen and dollar were supported by optimism over a deal to end the U.S. government shutdown.
The U.S. dollar strengthened on Monday as optimism grew that the record government shutdown may soon end, following reports of bipartisan Senate support for a temporary funding deal.
Global markets were mixed on Friday as cautious central bank comments and uneven U.S. data shaped investor sentiment. The euro eased after the ECB signaled patience on rate changes, while the yen strengthened amid renewed safe-haven demand as tech stocks slumped.
Major currencies and commodities traded cautiously on Thursday after stronger U.S. labor and services data reduced expectations for further Fed rate cuts this year. EUR/USD steadied near 1.15 after a five-day slide, supported by the ECB’s steady guidance.
Global markets traded cautiously on Wednesday, with EUR/USD stabilizing near 1.1490 as the ECB maintained a steady policy outlook supported by firmer Eurozone data.
The euro slipped toward $1.15, its weakest level since July, after cautious ECB remarks signaled limited room for further easing.
The euro fell toward $1.15, pressured by a stronger dollar and cautious ECB comments that signaled limited room for further easing. ECB officials emphasized data dependence as growth steadied and inflation softened.
The euro held near 1.1550 on Friday after two days of declines, struggling to gain traction as the U.S. dollar consolidated near multi-month highs following the Fed’s hawkish tone.
The euro slipped below $1.16 on Thursday after the Federal Reserve cut rates by 25 basis points and signaled no further easing this year.
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