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.
View More

USDJPY chart

USDJPY chart by TradingView

IGCS: IG Client Sentiment data provided by IG


Last Week
1.08
Current
---
Chg. Open Interest
-7.9%
Outlook
Mixed

Pivot Points data provided by IG

Support & Resistance

USD/JPY
S1109.55 W R3112.23 S
S2108.82 M R2111.09 M
S3107.69 S R1110.57 W
Trend
down

News


Japanese Technical Analysis: USD/JPY Could Be Set To Bounce

The Japanese Yen has scored a strong haven bid thanks to swirling trade tensions . However USD/JPY remains in its broad uptrend, even if AUD/JPY looks a bit harder pressed
Continue Reading


USD/JPY: Net-Long Positions is at the Lowest Level This Year


USD/JPY Rate Carves Bearish Series Amid Escalating US-China Trade War


US AM Digest: Global Markets Tumble on Escalating Trade Tensions


DXY Index Hits Yearly High as China-US Trade Tensions Rise


Real Time News


Analyst Picks

James Stanley

James Stanley Currency Strategist

My Picks: EUR/USD, USD/JPY
Expertise: price action - macro
Average Time Frame of Trades: few days - few weeks


Get Your Free USD Forecast

Please enter valid First Name
Please fill out this field.
Please enter valid Last Name
Please fill out this field.
Please enter valid email
Please fill out this field.
Please select a country

I’d like to receive information from Daily FX and IG about trading opportunities and their products and services via email.

Please fill out this field.

Your Forecast Is Headed to Your Inbox

But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk.

Your demo is preloaded with £10,000 virtual funds, which you can use to trade over 10,000 live global markets.

We'll email you login details shortly.

Learn More about Your Demo

Your forecast is headed to your inbox

DailyFX.com – the news, research and analysis website provided by IG – is one of the world's leading sources for news and analysis across currencies, commodities and indices.

Discover our extensive calendar of free educational webinars and test your trading skills, risk-free, with an IG demo account.

Read more articles on DailyFX

An error occurred submitting your form.
Please try again later.

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.

Forex Economic Calendar

A:  Actual   F:  Forecast     P:  Previous