Instrument description

This is the exchange rate for US dollars versus Japanese Yen. This major currency pair is heavily traded in the forex market and is popular for both new and experienced traders alike. Since Japan is largely dependent on imported oil and other natural resources, its economy can be sensitive to rising commodity prices, which consequently can lead to the yen’s depreciation. In addition, the Bank of Japan has a reputation for intervening in the FX market when movements in the yen might threaten exports or economic growth, which is something to bear in mind if you trade USD/JPY. View the latest trading activity, as well as client sentiment and news and analysis for this major currency pair.

Market sentiment

See if traders are currently sellers or buyers of each market

Instrument specification

Nominal Value of one Lot
USD 100 000
Size of one PIP
0.01
Minimum Quotation in Step (in points)
0.01
Minimum/Maximum Order Size in Lots
0.01, max 50
Minimum Transaction Step in Lots
0.01
Trading Hours
24h from Sunday 11:00 pm to Friday 10:00 pm

Trading CFDs on a leveraged basis involves significant risk of loss to your capital. They may not be suitable for everyone, so please ensure you fully understand all of the risks.

Trading CFDs on a leveraged basis involves significant risk of loss to your capital. Please ensure you fully understand all of the risks.

Trading CFDs involves significant risk of loss to your capital