USD/JPY Exchange Rate Today, Forecast & News

USD/JPY
US Dollar - Japanese Yen
Open
155.429+0.67900 (+0.44%)
As of: Apr 25, 2024 02:20 UTC
Open
154.750
High
155.429
Low
154.714

Stats

Prev. Close

154.750

Open

154.750

Day's Range

154.714 - 155.429

52 Week Range

133.017 - 155.429

YTD Change

10.19%

1 Year Change

15.92%

Economic CalendarAll Events

Time zone: GMT

Wednesday, April 24th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
12:30	USD	Durable Goods Orders MoMMar	High	2.6%	2.5%	0.7%
12:30	USD	Durable Goods Orders Ex Transp MoMMar	Medium	0.2%	0.3%	0.1%
14:30	USD	EIA Gasoline Stocks ChangeApr/19	Medium	-0.634M	-1.4M	-1.154M
14:30	USD	EIA Crude Oil Stocks ChangeApr/19	Medium	-6.368M	1.6M	2.735M

Thursday, April 25th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
12:30	USD	Initial Jobless ClaimsApr/20	Medium		214K	212K
12:30	USD	GDP Price Index QoQ AdvQ1	Medium		3%	1.7%
12:30	USD	Wholesale Inventories MoM AdvMar	Medium		0.2%	0.5%

USD/JPY

The USD/JPY is considered the 2nd most liquid currency pairing in the FX markets, accounting for 13% of total transaction volume in the FX market. Japan's current account surplus supports its safe haven status. During periods of political and / or economic uncertainty, the Yen is the market's preferred choice. Monetary policy and trade dynamics are also key drivers for the pairing. Historically, carry trades have also been a key influence, with the Yen a funding currency.

	Japan		United States
Interest Rate	0% Mar 24		5.5% Mar 24
Inflation Rate	2.7% Mar 24		3.5% Mar 24
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	A1Stable	A+Stable	AaaNegative	AA+Stable