Benzinga  Jun 22  Comment 
USD/JPY is trading at 123.40, up 0.86. The pair is trading near the highs of the session during late Forex trading on Monday. The Bank of Japan on Tuesday is scheduled to release the minutes of the most recent monetary policy meeting. Japan's...
Benzinga  Jun 22  Comment 
Daily FX  Jun 22  Comment 
Since early May, speculators have piled on Yen short positions (USDJPY long) at a rate seen only 3 times in history (2 of the instances…February 2007 and March 2012, led to multi-month reversals).
Benzinga  Jun 22  Comment 
USD/JPY is trading at 123.05, up 0.50. The pair has drifted a little off the highs of the session, eroding some of the early gains during U.S. forex trading. Chatter about global headline news and Greece is constant. The Bank of Japan on Tuesday...
Benzinga  Jun 19  Comment 
USD/JPY is trading at 122.64, down 0.35. The pair is trading rangebound during U.S. forex trading on Friday. The Bank of Japan left monetary policy unchanged Thursday night. Market talk about comments by Bank of Japan officials and U.S....
Benzinga  Jun 19  Comment 
Daily FX  Jun 19  Comment 
Instruments covered this week: EUR/USD, USD/JPY & GBP/USD
Daily FX  Jun 18  Comment 
We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the USDJPY may continue lower. The trading crowd has grown further net-long from yesterday and last week. The...


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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