USD/JPY price chart, background, and sentiment |
Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.
USD/JPY is a major currency pair that is commonly traded in the forex market. The USD/JPY price represents the exchange rate between the US Dollar (USD) and the Japanese yen (JPY), and the currency pair serves as a key reference point for gauging the relative strength of the American and Japanese economies. Traders and investors analyse the USD/JPY price to make informed decisions in the forex market, which is characterised by its high liquidity and volatility.
Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.
The United States and Japan have a strong economic relationship, with each country being a major trading partner for the other. Japan exports a wide range of products to the US, including electronics and automobiles, while US companies in sectors like entertainment and finance have a notable presence in the Japanese market. The automotive sector is of particular significance in the countries’ economic relationship, with Japanese automakers having established many manufacturing plants in the US.
The USD/JPY exchange rate is influenced by factors including interest rate differentials, economic data releases, geopolitical events, and central bank policies.
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