USD/JPY Exchange Rate Today, Forecast & News

USD/JPY
US Dollar - Japanese Yen
Closed
158.055+2.43200 (+1.56%)
As of: Apr 26, 2024 21:59 UTC
Open
155.623
High
158.448
Low
154.904

Stats

Prev. Close

155.623

Open

155.623

Day's Range

154.904 - 158.448

52 Week Range

133.342 - 158.448

YTD Change

12.06%

1 Year Change

18.43%

Economic CalendarAll Events

Time zone: GMT

Friday, April 26th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
12:30	USD	Personal Income MoMMar	High	0.5%	0.5%	0.3%
12:30	USD	Core PCE Price Index MoMMar	High	0.3%	0.3%	0.3%
12:30	USD	Personal Spending MoMMar	High	0.8%	0.6%	0.8%
14:00	USD	Michigan Consumer Sentiment FinalApr	Medium	77.2	77.8	79.4

Monday, April 29th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
14:30	USD	Dallas Fed Manufacturing IndexApr	Medium		-11	-14.4
19:00	USD	Treasury Refunding Financing Estimates	Medium
23:30	JPY	Unemployment RateMar	Medium		2.5%	2.6%

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% Apr 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