QUOTE AND NEWS
The Economic Times  Nov 21  Comment 
Prime Minister Shinzo Abe dissolved parliament's lower house on Friday for a snap election on Dec. 14, seeking a fresh mandate for his struggling "Abenomics" revival strategy.
The Market Financial  Sep 10  Comment 
For the past 2 years, the USD/JPY has been the carry trade of choice for big institutions. The proceeds they have earned from this trade have been used to leverage themselves up on S&P Futures contracts. Simply put, as long as the USD/JPY is...
SeekingAlpha  Sep 9  Comment 
By Dean Popplewell: By Kenny Fisher The Japanese yen continues to shrink, as USD/JPY trades just above the 106 line in Tuesday's European session. The last time the pair was at these levels was in October 2008. Japanese Tertiary Industry...
Benzinga  Aug 15  Comment 
In a note Friday morning, Morgan Stanley recommended going long the US dollar versus the Japanese yen (USD/JPY ). The firm feels that the market is understating the potential for further easing by the Bank Of Japan, especially in light of...




 

The USD/JPY currency pair specifies how many Japanese Yen are needed to purchase 1 U.S. Dollar. In other words, the value of this currency pair is quoted as 1 U.S. Dollar per x Japanese Yen.

Trading the USD/JPY currency pair is also known as trading the "ninja". Some sources will also refer to USD/JPY as the gopher, though this is more commonly the name given to the GBP/JPY pair.

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