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US Dollar vs Japanese Yen (USDJPY)

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16
Posters
39
Posts (Today)
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Posts (Total)
136
Created
03/30/07
Type
Free
Moderators Maxx5
Welcome to the US dollar and Japanese yen USD/JPY board. This board is all about the best FOREX pair to invest into and to intra day trade or day trade. Through out the course of history this is the best trending pair. USD/JPY represents the currency exchange rate for the US dollar and Japanese yen. The pair shows how many yen are required to buy one US dollar-the quote currency and base currency respectively. The board can be used for conversation whether you are a position investor or an intra day trader. 

The exchange rate of the pair is one of the most liquid, as well as one of the most traded worldwide. This is because the yen, like the US dollar, is a reserve currency. For instance, if the pair is trading at 135.00, you need 135 yen to buy one US dollar. The major body influencing this pair is the Bank of Japan (Boj). The greatest correlation with the pair is the price of crude oil.

Please post any technical, fundamental, opinion, thoughts and feelings about what we call "The Ninja" pair.

And, start a FREE simulated paper money account at a FX broker and start having some FUN!
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