What is U.S. Dollar/Japanese Yen (USDJPY)?
U.S. Dollar/Japanese Yen (USDJPY) is a forex currency pair available through the FXCM exchange. It measures how many Japanese yen are needed to buy one U.S. dollar, making it one of the most widely traded pairs in global foreign exchange markets. As a major cross between two of the world's largest economies, it's closely watched for shifts in interest rates and risk sentiment. On TradeSearcher, USDJPY has been analyzed across more than 4,300 backtests, drawing on price data going back over five decades to 1971.