USD/JPY Trading
Trade the "Ninja" - US Dollar vs Japanese Yen
USD/JPY is a major safe-haven pair highly sensitive to risk sentiment and carry trade flows. Trade with tight spreads, high liquidity, and strong trend characteristics.
Market Overview
US Dollar vs Japanese Yen - Safe-haven pair sensitive to global risk sentiment
0.1s
Avg Execution
NDD
Execution
24/5
Trading
Frequently Asked Questions
Why is USD/JPY called the "Ninja"?
USD/JPY is nicknamed "Ninja" due to its tendency to move quietly and then make sudden, sharp movements, especially during risk-off periods when yen strengthens rapidly as a safe-haven currency.
What makes USD/JPY a safe-haven pair?
JPY is considered a safe-haven currency due to Japan's large current account surplus, low interest rates, and stable political environment. During market stress, investors buy yen, causing USD/JPY to fall.
How do carry trades affect USD/JPY?
USD/JPY is popular for carry trades due to interest rate differentials. When US rates are higher than Japanese rates, traders borrow yen to buy dollars, pushing USD/JPY higher. This reverses during risk-off periods.
When is the best time to trade USD/JPY?
USD/JPY is active during Tokyo session (23:00-08:00 GMT) for Asian market influence, and London-NY sessions (08:00-22:00 GMT) for major moves. Avoid low-volatility periods between sessions.
How does Bank of Japan policy affect USD/JPY?
BoJ interventions and policy changes significantly impact USD/JPY. The central bank may intervene to weaken yen if it strengthens too rapidly, and yield curve control policies affect interest rate differentials.