USD/JPY (Dollar / Yen)
The dollar against the Japanese yen.
What is USD/JPY
USD/JPY is the exchange rate between the US dollar and the Japanese yen, one of the most traded pairs in the world.
It is especially sensitive to the gap between US and Japanese interest rates, and to risk sentiment: the yen is a classic safe haven that tends to strengthen when markets are fearful.
Because the Bank of Japan has long kept rates very low, the pair is a favourite for traders watching policy shifts in Tokyo and Washington.
- Type
- Major pair
- Base
- US dollar (USD)
- Quote
- Japanese yen (JPY)
- Hours
- ~24/5
- Most active
- Tokyo / New York
Technical view
A live read of momentum and trend across timeframes.
Aggregated technical indicators, shown for information only. Not investment advice.
What moves USD/JPY
Rate differentials
The gap between Fed and Bank of Japan rates is the key driver.
Safe-haven flows
The yen tends to strengthen when markets turn fearful.
Bank of Japan
Any shift in Japan’s ultra-low rates moves the pair sharply.
US data
US inflation and jobs figures feed the dollar side.
How to trade it on Chasse
You never place an order. Deploy a Chasse strategy and it trades this market for you, automatically, with a stop-loss and take-profit on every position. Which strategies you can run depends on your tier.
Live market data. Chasse is currently a simulated demo; trading results shown elsewhere are illustrative and not guaranteed.
USD/JPY, answered
What is USD/JPY?
The exchange rate between the US dollar and the Japanese yen, one of the most traded pairs.
What moves USD/JPY?
The gap between US and Japanese rates, safe-haven flows, and Bank of Japan policy.
Can I trade USD/JPY on Chasse?
Yes, USD/JPY is among the currency pairs our strategies trade automatically. Chasse is currently a simulated demo.
When does it trade?
Forex runs nearly 24 hours a day, five days a week, so a strategy can act around the clock on weekdays.
How much do I need to start?
From $100. Forex sits alongside the other markets our strategies trade across the tiers.