USD/JPY
Major CurrencyHigh VolatilityUS Dollar / Japanese Yen — Full Technical & Fundamental Profile
Live market data integration coming soon.
Base / QuoteUSD / JPY
Pip Precision2 Decimals (0.01)
Contract Size1,00,000 Units
Typical Daily Range70 - 120 pips
Market Overview
USD/JPY, colloquially known as "The Gopher", is intensely sensitive to global interest rate differentials and US 10-year Treasury bond yields.
Key Fundamental Drivers
- US 10-Year Treasury Yield movements and Fed policy
- Bank of Japan (BoJ) yield curve control (YCC) decisions and rate stances
- Ministry of Finance (MoF) currency intervention commentary
- Global risk sentiment (Yen as a traditional funding and haven currency)
Technical & Structural Characteristics
- Priced to two decimal places (0.01 per pip, 0.001 per pipette)
- Strong momentum trends during US trading sessions when yields diverge
- Active during Asian session when domestic Tokyo fix occurs (00:55 UTC)
- Vulnerable to rapid safe-haven appreciation during market stress
Plan a USD/JPY Trade
Use the FINZOVA Trade Planner to compute exact position sizing and risk parameters for USD/JPY.
Launch Trade PlannerActive Liquidity Window
Peak volume for USD/JPY occurs during:
Tokyo Morning & New York Session