USD/JPY Exchange Rate Today, Forecast & News

USD/JPY
US Dollar - Japanese Yen
Open
154.802-0.01500 (-0.01%)
As of: Apr 24, 2024 02:23 UTC
Open
154.817
High
154.920
Low
154.548

Stats

Prev. Close

154.817

Open

154.817

Day's Range

154.548 - 154.920

52 Week Range

133.017 - 155.128

YTD Change

9.75%

1 Year Change

15.55%

Economic CalendarAll Events

Time zone: GMT

Tuesday, April 23rd 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
13:45	USD	S&P Global Manufacturing PMI FlashApr	Medium	49.9	52	51.9
14:00	USD	New Home Sales MoMMar	Medium	8.8%	2.7%	-5.1%
14:00	USD	New Home SalesMar	Medium	0.693M	0.668M	0.637M
20:30	USD	API Crude Oil Stock ChangeApr/19	Medium	-3.23M	1.8M	4.090M

Wednesday, April 24th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
12:30	USD	Durable Goods Orders MoMMar	High		2.5%	1.3%
12:30	USD	Durable Goods Orders Ex Transp MoMMar	Medium		0.3%	0.5%
14:30	USD	EIA Crude Oil Stocks ChangeApr/19	Medium		1.7M	2.735M

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