USD/JPY - US Dollar Japanese Yen

Representing the US dollar against the Japanese Yen, this is a heavily traded pair. Recent attempts by the Bank of Japan to expand their purchase of Yen, boosted exports but devalued the Yen and raised import prices. Using this currency pairing is sometimes called "Trading the Ninja". The Japanese economy relies heavily on exports to the US, making the USD/JPY an interesting pairing.

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