Price
Follow this real-time price chart to speculate on the price movements of the pair. With this convenient live chart, you can view the current price, analyze the price dynamics, trace historical USD to JPY exchange rates, build your trading strategy, and trade on the NAGA platform.
The USD/JPY abbreviation is representing the U.S. dollar vs the Yen exchange rate and is popular among forex traders as the “Ninja” pair. It is considered to be the second most liquid currency pair and it is characterized by high volatility due to unexpected Asian hours of the trade market. This type of currency pairing is highly influenced by the multiple Japanese government interventions in the markets. Moreover, the major factor that affects the fluctuation of the USD/JPY price is the Bank of Japan which publishes periodical significant financial data that can have a great impact on the pair’s rate. It is also important to be mentioned that the U.S. Federal Reserve by implementing different monetary decisions has a great influence on the pair’s trend. As an investment instrument, the USD/JPY is very popular since it combines two of the most traded currencies globally as well as it is considered a strong link between the Asian and the U.S. markets.