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JPYUSD

$--
--%
1d
1w
1m

Analysis and statistics

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  • 52 Week Change
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  • Dividend Per Share
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About

JPYUSD.FOREX refers to the exchange rate between the Japanese Yen (JPY) and the United States Dollar (USD) within the foreign exchange (forex) market. It represents the price of one US dollar in terms of Japanese yen. Forex is a global decentralized market where currencies are traded. The notation JPYUSD indicates that it's a quote currency (USD) against the base currency (JPY). Traders buy or sell this currency pair based on their expectation of whether the value of the USD will rise or fall relative to the JPY.
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Factors

Interest Rate Differentials: Differences in interest rates set by the Bank of Japan and the Federal Reserve significantly influence capital flows and therefore the exchange rate.

Economic Data: Key economic indicators like GDP growth, inflation, employment figures, and manufacturing data released by both countries affect investor sentiment and currency valuations.

Geopolitical Events: Global political and economic instability, trade wars, and unexpected events can trigger safe-haven demand for the Japanese Yen, impacting the JPYUSD exchange rate.

Market Sentiment: Overall investor confidence and risk appetite affect the demand for riskier assets versus safe-haven currencies like the Yen.

Central Bank Policy: Monetary policy decisions, quantitative easing, and forward guidance from both the Bank of Japan and the Federal Reserve can move the exchange rate.

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