January 30, 2023
Negative Balance Protection
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.