Live USD/JPY Chart

USD/JPY

US Dollar vs. Japanese Yen

As one of the most traded currencies in the world, the 'Dollar Yen' continues to maintain its low-interest rate - dues to being a common carry trade currency. Of recent, the Bank of Japan extended their acquisition of Yen with inflation intentions. Doubling this monetary amount reduces the value of the Yen, improving exports, but consequently, raises the cost of importing them.