USDJPY price
How USDJPY moves through the day
Average USDJPY range in each session as a share of its price, measured on every trading day since 2012.
Average range by session
Busiest hours (UTC)
USDJPY moves most from 12:00 to 16:00 UTC. The quietest hour starts at 21:00 UTC.
Size a USDJPY trade
One standard lot of USDJPY is 100,000 units on most brokers. Check your broker's contract size before you trade.
See your own USDJPY trades on this chart
Connect your broker once. Every USDJPY entry and exit lands on the chart, your journal and rules sit beside it, and Edge learns from your trades to show you the one thing to fix next. Then practice it on USDJPY in the backtester before you trade it live.
USDJPY questions
USDJPY is the price of one USD in JPY. USD is the base currency and JPY is the quote currency, so the price tells you how many Japanese yen one USD costs.
Each broker quotes its own bid and ask from its own liquidity providers, so prices can differ a little from broker to broker. The prices here are indicative bid quotes. Spreads also widen around big news and when the market opens.
USDJPY trades 24 hours a day, five days a week, from 17:00 New York time on Sunday to 17:00 New York time on Friday. It is busiest when London and New York are both open, roughly 12:00 to 16:00 UTC.
On most brokers one standard lot of USDJPY is 100,000 USD, so a one pip move (0.01) is worth ¥1,000.00 a lot, and 0.01 lots moves ¥10.00 a pip. Check your broker's contract size before you trade.
Mostly what traders expect the Federal Reserve and the Bank of Japan to do with interest rates, inflation and jobs data from both economies, and how much risk markets want to take.