USD/JPY is a currency pair based on the value of the US dollar against the Japanese yen. The price shows how many yen (the quote currency) are needed to buy one US dollar (the base currency). The currency pair, known as the ‘gopher’, is one of the most traded in the world. It’s also considered to be one of the most liquid currency pairs and is highly correlated with the price of gold. Some see the USD/JPY as a benchmark for the global economy, along with other major currency pairs. Analyse our USD/JPY live chart and start trading by opening a spread betting or CFD trading account.
Why trade USD/JPY with CMC Markets?
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