USD/JPY Exchange Rate Today, Forecast & News

USD/JPY
US Dollar - Japanese Yen
Closed
149.371+0.08600 (+0.06%)
As of: Sep 29, 2023 21:00 UTC
Open
149.289
High
149.503
Low
148.524

Stats

Prev. Close

149.285

Open

149.289

Day's Range

148.524 - 149.503

52 Week Range

127.221 - 151.946

YTD Change

13.92%

1 Year Change

3.42%

Economic CalendarAll Events

Time zone: GMT

Friday, September 29th 2023
Time	Currency	Event	Impact	Actual	Consensus	Previous
12:30	USD	Personal Income MoMAug	High	0.4%	0.4%	0.2%
13:45	USD	Chicago PMISep	Medium	44.1	47.6	48.7
14:00	USD	Michigan Consumer Sentiment FinalSep	Medium	68.1	67.7	69.5
16:45	USD	Fed Williams Speech	Medium

Sunday, October 1st 2023
Time	Currency	Event	Impact	Actual	Consensus	Previous
23:50	JPY	BoJ Summary of Opinions	Medium
23:50	JPY	Tankan Large Manufacturers IndexQ3	High		6	5

Monday, October 2nd 2023
Time	Currency	Event	Impact	Actual	Consensus	Previous
00:30	JPY	Jibun Bank Manufacturing PMI FinalSep	Medium		48.6	49.6

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% Sep 23		5.5% Sep 23
Inflation Rate	3.2% Aug 23		3.7% Aug 23
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	A1Stable	A+Stable	AaaStable	AA+Stable