USD/JPY

Yen is one of the most traded currencies in the world, especially due to its low interest rate since the Yen is used in carry trades. Recently the Bank of Japan has expanded their purchase of Yen, hoping to overturn the deflation tide to inflation. Doubling this money supply is devaluing the Yen, boosting exports; but, increasing prices of imports at the same time, especially for commodities.
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USDJPY chart

USDJPY chart by TradingView

IGCS: IG Client Sentiment data provided by IG


Last Week
1.28
Current
---
Chg. Open Interest
-8.9%
Outlook
Mixed

Pivot Points data provided by IG

Support & Resistance

USD/JPY
S1110.7900 W R3112.8200 S
S2109.7500 M R2111.8000 M
S3108.7300 S R1110.9600 W
Trend
down

News


US & China, HKMA Lift Stocks. S&P 500 May Rise. USD/JPY Stuck

News US and China will meet for trade talks and the HKMA upholding their peg lifted stocks in Asia trade. Wall Street may follow, USD/JPY remains stuck between key support and resistance.
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USD Unmoved Despite Outflows from Largest Foreign Treasury Holders


DXY Index Extends Gains as EM Pressure Continues to Build


Japanese Yen Technical Analysis: USDJPY Bulls Have More To Do


USD/JPY Price Analysis: Yen Strength Pulls Back, But Door Remains Open


Real Time News


Analyst Picks

David Cottle

David Cottle Analyst

My Picks: Bullish USD/JPY
Expertise: Fundamental and Technical
Average Time Frame of Trades: Two weeks


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Market Datadata provided by IG

Symbol Bid Ask Spread
Market Data figures are provided for the trading day.
Symbol Bid Ask Spread
Market Data figures are provided for the trading day.

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