USD/JPY Exchange Rate Today, Forecast & News

USD/JPY
US Dollar - Japanese Yen
Open
154.479+0.13800 (+0.09%)
As of: Apr 19, 2024 09:15 UTC
Open
154.343
High
154.818
Low
153.957

Stats

Prev. Close

154.341

Open

154.343

Day's Range

153.957 - 154.818

52 Week Range

133.017 - 155.007

YTD Change

9.52%

1 Year Change

15.24%

Economic CalendarAll Events

Time zone: GMT

Thursday, April 18th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
15:00	USD	Fed Bostic Speech	Medium
21:45	USD	Fed Bostic Speech	Medium
23:30	JPY	Core Inflation Rate YoYMar	Medium	2.6%	2.7%	2.8%
23:30	JPY	Inflation Rate YoYMar	High	2.7%	2.7%	2.8%

Friday, April 19th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
14:30	USD	Fed Goolsbee Speech	Medium

Monday, April 22nd 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
12:30	USD	Chicago Fed National Activity IndexMar	Medium		0.09	0.05

Tuesday, April 23rd 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
00:30	JPY	Jibun Bank Manufacturing PMI FlashApr	Medium		48.9	48.2

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