Understanding the Japanese Yen

Posted in Forex CFDs
5 minute read
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The currency of choice for the third-largest world economy, USD/JPY is the second-most traded currency pair globally. In this article, we discuss key features of the yen and how they can be applied to your trading.

USD/JPY is the second-most traded currency pair in the FX Market

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Source: Bank for International Settlements (BIS)

The Japanese Yen: A popular safe haven asset

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Comparison of S&P500, USD/JPY & EUR/JPY price action Source: TradingView

US and Japanese Bond Prices: How do they affect USD/JPY?

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Source: TradingView

How can BoJ monetary policy affect USD/JPY?

Trading Yen-related Financial Products in OANDA

In the FX market, what are the Japanese yen's key attributes?