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USD vs JPY

Get the current mid-market rate for USD (US Dollar) / JPY (Japanese Yen) for today’s right here.

The latest rates for USD (US Dollar) / JPY (Japanese Yen) are available below. As a leading finance news site the team at Born2Invest collates and analyses the latest forex market data to bring you live information to help you make the best forex trading decisions every day.

Today's 1 USD (US Dollar) is 109.704968 of JPY (Japanese Yen) .

Remember to always trade using a reputable broker. It’s also possible to apply many forex concepts to cryptocurrency trading.

USD/JPY forex trading tips

USD/JPY is one of the most traded currency pairs in the world and is widely regarded as a safe haven currency. The pair is typically impacted by events that affect Japan or the United States and often does well during times of economic turmoil.

When trading USD/JPY there are some important forex trading tips to keep in mind:

  • Watch the economy: JPY is a safe haven currency, this means that during times of turmoil forex traders buy JPY to hedge their assets, increasing its price vs USD. Conversely when the economy does well JPY tends to decrease in value as investors diversify.\
  • Watch USD/CHF: USD/JPY tends to have a positive correlation with USD/CHF, this is because JPY and CHF are both safe haven currencies. Also keep in mind that USD/JPY is negatively correlated with the price of gold.
  • Keep an eye on the Fed: Any attempts by the Fed to strengthen the U.S. economy will likely lead to an increase in the price of USD.

Want to learn more about Forex trading?

There’s more to forex than just USD/JPY. There’s endless currency pairs, each with their own unique characteristics. This is a big opportunity for investors who understand the market. Check out these pairs below that we think will interest you:

  1. EUR/USD (Euro/US Dollar)
  2. USD/JPY (US Dollar/Japanese Yen)
  3. GBP/USD (British Pound Sterling/US Dollar)
  4. AUD/USD (Australian Dollar/US Dollar)
  5. USD/CAD (US Dollar/Canadian Dollar)
  6. USD/CNY (US Dollar/Chinese Renminbi)
  7. USD/CHF (US Dollar/Swiss Franc)
  8. USD/HKD (US Dollar/Hong Kong Dollar)
  9. EUR/GBP (Euro/British Pound Sterling)
  10. USD/KRW (US Dollar/South Korean Won)