149.756 JPY
+0.55 (+0.37%)

USDJPY Key Statistics

Open price
149.214
High today
149.975
Low today
149.139
52 Week high
161.946
52 Week low
139.573
Trading hours
-12:00
-11:00
-10:00
-09:00
-08:00
-07:00
-06:00
-05:00
-04:00
-03:00
-02:00
-01:00
UTC 00:00
+01:00
+02:00
+03:00
+03:30
+04:00
+04:30
+05:00
+05:30
+05:45
+06:00
+07:00
+08:00
+09:00
+09:30
+10:00
+11:00
+12:00
+12:45
+13:00
+14:00
UTC 00:00
Symbol trading specification
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EURMXN
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USDCHF
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USDDKK
6.839 
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7.76 
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USDHUF
367.09 
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3.747 
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USDJPY
149.756 
+0.55 (+0.37%)  
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USDTRY
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USDZAR
17.554 
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About USDJPY

The USDJPY exchange rate indicates the current value of one U.S. Dollar in Japanese Yen. This currency pair is among the most traded in the foreign exchange market, known for its liquidity and tight spreads.

What is USDJPY?

USDJPY, the currency pair representing the Dollar to Yen relationship, is a major financial instrument in the forex market. It is favored by traders due to the economic stability of both the United States and Japan. On the SimpleFX platform, individuals can start trading Yen to Dollar using a demo account, which provides a risk-free environment to practice trading strategies without a financial commitment. There is no minimum deposit required to begin, and traders can choose to apply leverage when they transition to a live account. Traders eager to explore how to trade USDJPY ought to explore their knowledge.

How does trading Yens to Dollars work?

Trading Yens to Dollars pair involves analyzing the exchange rate movements between the U.S. Dollar and the Japanese Yen. Traders can participate in USDJPY trading on the SimpleFX platform. Factors influencing the USDJPY exchange rate include interest rate differentials between the Bank of Japan and the Federal Reserve, economic indicators from both countries, and global geopolitical events. These dynamics are essential for anyone looking to explore how to invest in USDJPY.

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