USDJPY - US Dollar / Japanese Yen
Trading Conditions
* Only if Margin Level > 100%
** Abnormal market conditions refer to Section 10.6 in Order Execution Policy of FxPro Financial Services Ltd, in point 10.7 in Order Execution Policy of FxPro UK Limited and in point 10.6 in Order Execution Policy of FxPro Global Markets Ltd.
The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
Fixed spreads shall only apply for ‘Instant Orders;’ all other order types shall be subject to the Order Execution Policy.
The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.
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.