USD/JPY

USD/JPY
US Dollar - Japanese Yen
108.79+0.0965 (+0.09%)
As of: Apr 16 20:55 UTCMarket:Closed
Open
108.70
High
108.82
Low
108.76

Stats

Prev. Close

108.70

Open

108.70

Day's Range

108.76 - 108.82

52 Week Range

102.59 - 110.97

YTD Change

5.38%

1 Year Change

1.17%

Economic Calendar

Time zone: GMT

Friday, April 16th 2021

Time	Country	Event	Actual	Forecast	Previous
14:00	USD	Michigan Consumer Sentiment Prel	86.5	89.6	84.9
14:00	USD	Michigan Current Conditions Prel	97.2	96.3	93
14:00	USD	Michigan Consumer Expectations Prel	79.7	83.6	79.7
14:00	USD	Michigan Inflation Expectations Prel	3.7 %	3.2 %	3.1 %

Sunday, April 18th 2021

Time	Time Left	Country	Event	Impact	Actual	Forecast	Previous
23:50	14:13	JPY	Balance of Trade			490 B	217.4 B
23:50	14:13	JPY	Exports YoY			11.6 %	-4.5 %

Monday, April 19th 2021

Time	Time Left	Country	Event	Impact	Actual	Forecast	Previous
04:30	18:53	JPY	Industrial Production MoM Final			-2.1 %	4.3 %

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	-0.1% Mar 19, 21		0.25% Mar 17, 21
Inflation Rate	-0.4% Feb 21		2.6% Mar 21
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	A1Stable	A+Stable	AaaStable	AA+Stable