USD/JPY Chart
US Dollar / Japanese Yen - A major currency pair
Market Details
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About USD/JPY
USD/JPY represents the exchange rate between the US Dollar and the Japanese Yen. It's one of the most traded currency pairs in the forex market and is often referred to as the "Ninja" by traders.
This pair is heavily influenced by the interest rate differential between the Federal Reserve and the Bank of Japan, as well as by the overall risk sentiment in global markets. The Japanese Yen is often considered a safe-haven currency, which means USD/JPY typically falls during times of market uncertainty.
USD/JPY is known for its liquidity and sometimes exhibits strong trending behavior, making it popular among both trend-following traders and carry traders.
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