CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.9% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
USD/JPY
Profile Description
The USD/JPY pair represents how many Japanese yen are equal to the value of one U.S. dollar. This pair is one of the most liquid and highly traded currency pairs in the world since the U.S. is the largest economy in the world and Japan is the third largest. Considered a safe haven, this currency pair is impacted by various factors, such as the disparity between the interest rates set by the Bank of Japan and the U.S. Federal Reserve.
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