USDJPY trading US Dollar to Japanese Yen
Trade USDJPY CFDs with the most stable spreads after high-impact news.¹ Use a USDJPY price chart to plan your strategy with your choice of indicators, Exness trading calculator, expert insights, and more.
USDJPY is a popular currency pair that weighs the Japanese yen against the US dollar. Due to its typically small and quick price movements, the pair is known by the nickname, “gopher.”
At Exness, you can trade USDJPY CFDs with better-than-market conditions, including tight and stable spreads, and fast and reliable execution. Choose your preferred trading platform and customize your USDJPY price chart with a wide range of indicators and drawing tools.
USDJPY trading conditions
USDJPY
US Dollar vs Japanese Yen
Trade popular instruments with better-than-market conditions. View the contract specifications and conditions, then use our intuitive trading calculator to easily plan your trades and calculate margin, spread, commission, and more.
Average spread
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Long swap
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Short swap
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Stop level
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USDJPY trading calculator
Results
Margin
Spread cost
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Swap short
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Pip value
The price chart is indicative and based on the instrument’s Ask price. For real-time quotes, please refer to the trading platform. The results presented by the calculator are for educational and estimation purposes and you should not rely on them as being complete or for making investment decisions. Real-time results can only be determined at the time of order execution. Spreads in the above table are averages based on the previous trading day. Spreads may fluctuate and widen due to factors including market volatility, news releases, economic events, when markets open or close, and the type of instruments being traded.
Why trade USDJPY with Exness?
The most stable spreads¹
Keep more of what you make on USDJPY with spreads that remain tight and stable, even after high-impact market news.
Instant withdrawals²
Get withdrawal requests approved automatically and access your funds at any time, even on weekends
Custom leverage
Power your USDJPY positions or control your exposure with custom leverage options that suit your risk management strategy.
User-friendly platforms
Trade on reliable, easy-to-use platforms that suit all trading levels, including MetaTrader 4 and 5 and the Exness Terminal.
Get 4x better spreads on USDJPY³
Trade USDJPY at Exness with spreads up to four times more stable than competitors.
What is USDJPY?
USDJPY is a popular currency pair representing the exchange rate between the US dollar and Japanese yen. As it compares the currencies of two major global economies, the pair offers abundant opportunities for market speculation. USDJPY is one of the most traded pairs in the world, offering high liquidity and strong market-moving potential. Many factors can influence USDJPY price fluctuations. Here’s what traders should consider before trading the dollar and yen markets:
Political factors
Major trade disputes involving Japan and the US can negatively impact their respective currencies, while new trade agreements can strengthen them. Wars, tariffs, lockdowns, and political instability also impact USDJPY prices.
Economic factors
Strong employment figures and positive GDP growth typically boost a country’s economy and strengthen its currency. In contrast, interest rates and inflation often have an inverse relationship with currency value. For example, rising inflation and interest rates in Japan may weaken the yen against the US dollar.
Environmental factors
Anything that impacts supply chains, trade agreements, and economic health can influence a respective currency. A natural disaster, such as an earthquake or tsunami, is a great example
Diversify your portfolio with other currency pair CFDs
GBPJPY
The Great British pound and Japanese yen are a volatile currency pairing often referred to as “the beast.”
EURUSD
Two of the strongest currencies from the richest economies—the Eurozone and the United States.
USDCAD
A forex pair that combines two neighboring countries—Canada and the United States—that share incredibly lucrative trade agreements and have a longstanding relationship.
Choose a reliable USDJPY trading platform
Whether you choose the MetaTrader platforms or Exness’ proprietary trading platform, you can expect the following trader-favorite features:
Fast execution
Trade USDJPY CFDs with low latency and the best executable spreads⁴.
Analytical tools
Customize your USDJPY live chart with your favorite indicators and drawing tools.
Proprietary protection features
Trade with unique protection features like Stop Out Protection and Negative Balance Protection.
No hidden fees
Predict and view all trading costs on your platform, with no fine print or hidden charges.
How to start trading USDJPY
Step 1
Sign up
Register for a real Exness account or an unlimited demo account.
Step 2
Plan your strategy
Analyze USDJPY opportunities using expert insights, detailed USDJPY live charts, and a wide range of indicators.
Step 3
Start trading
Deposit and place your first USDJPY trade.
Frequently asked questions
What is the best time to trade USDJPY?
Finding the best time to trade USDJPY depends on your own goals and preferences. There’s no perfect time to trade any instrument. However, if you’re looking for high trading volume, one of the best times to trade USDJPY is during the London and New York overlap. The Asian trading session is also a good time to trade and offers relatively steady movements throughout. However, as with all things trading, it’s best to do your own research and determine when the best time to trade is for your personal goals.
Can I trade USDJPY with a demo account?
Yes, you can trade with virtual funds using an Exness demo account. These unlimited accounts allow you to experience real market conditions without risking any capital. They’re great for testing your strategy, learning the markets, and getting familiar with your platform of choice and the tools and features available.
What is a USDJPY live chart?
A USDJPY live chart is a chart that shows the price of USDJPY over a given period of time, while also showing the current price. These charts can help you to strategize and find optimal times to enter the market. Chart analysis is at the heart of every good trading strategy.
Can I use leverage when trading USDJPY?
Yes, you can use leverage when trading major currency pairs like USDJPY. Traders can customize leverage to suit their preferences. Remember to always use leverage cautiously, as it amplifies your losses as well as your gains. You can practice using leverage with an Exness demo account.
Start trading today
Get tight and stable USDJPY spreads when trading at Exness.
- Most stable spread claims refer to the maximum spreads on USDJPY for the first two seconds following high-impact news. This comparison is made between the Exness Pro account and commission-free accounts of several competitors – all excluding agent commission – from 1 January to 23 August 2024.
- At Exness, over 98% of withdrawals are processed automatically. Processing times may vary depending on the chosen payment method.
- Based on data from 1 January to 23 August 2024, for the first two seconds after market news against competitors.
- Executable spread claims refer to maximum spreads on XAUUSD, USDJPY, EURUSD, and GBPUSD for the first two seconds following high-impact news. This comparison is made between the Exness Pro account and commission-free accounts of several competitors, all excluding agent commission, from 1 January to 23 August 2024.