Edge
EN
РусскийThe rate gap
Rates in Japan sit below US rates, so the pair follows US bond yields closely: when they rise, the dollar usually rises against the yen.
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What moves USD/JPY
USD/JPY follows US bond yields, Bank of Japan decisions and the mood of the market. What matters for the yen and what is coming.
The main things that move the price
The Bank of Japan
Every step towards a higher rate matters to the market, so decisions and words from the Bank of Japan governor can lift the yen sharply.
Fear and intervention
When the market is afraid, money often goes into the yen. And when the yen gets too weak, Japan's authorities can step in and buy it themselves.
When it is most active
The pair is active in both Tokyo and New York. The sharpest moves come in the minutes after US figures and Bank of Japan decisions.
Major releases ahead
The next high-impact releases over two weeks. What each means for the market is on its card.
What Edge gives you
The pair's page shows where the week points and today's backdrop. The calendar gives the scenario before a figure and the direction right after it. Entry, stop and target stay with your own system.
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