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FxPro has been providing online trading services to clients since 1999 and it currently serves 173 countries worldwide.
The USD/JPY currency combination is one of the most commonly traded forex pairs in the world. Its popularity is cemented by its position as one of the ‘four majors’. The pairing marries two of the largest and most influential economies and countries in the world, and its value has a marked impact on the global economy as a whole.
The Japanese currency has recently experienced a rapid process of devaluation, which has impacted the value of the pairing, yet this has done little to dampen investor enthusiasm for the combination.
It is necessary to be aware of the main news concerning finance, together with the macroeconomic data. There is a pattern of USD/JPY movement with political events in the United States and Japan. The reaction on the part of the US dollar is formed due to such factors as the credit rate, the economic balance changes, and the United States Credit Rating lowering.
If you are interested in trading the USD/JPY currency pair, contact FxPro today.
client accounts
FxPro has been providing online trading services to clients since 1999 and it currently serves 173 countries worldwide.
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FxPro has received constant recognition in the industry, winning over 125 international awards to date for the quality of its services.
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