USD/JPY Exchange Rate Today — Live Chart and Analysis

USD/JPY shows how many Japanese yen one US dollar buys (dollar to yen, usd jpy rate) - one of the world's most actively traded currency pairs and the primary carry trade instrument.

Buy price

163.396

Sell price

163.392

USD/JPY chart

Price Performance

1 week
+2.04% +2.04%
1 month
+8.14% +8.14%
YTD
+22.65% +22.65%
Year
+47.46% +47.46%
5 years
+47.81% +47.81%

Information regarding past performance is not a reliable indicator of future performance.

Analysis

USD/JPY traded in the 152–160 range through 2026, averaging around 157 year-to-date, as the pair remained caught between two opposing forces: a Fed on hold at 3.50–3.75% and a Bank of Japan gradually normalising from its ultra-loose policy. The BoJ raised rates to 0.75% by end-2025 (the highest since 1995) but the Fed-BoJ differential still favours the dollar significantly. Japan has repeatedly intervened to support the yen, reportedly spending over ¥10 trillion ($63 billion) in suspected operations through Q1–Q2 2026, though authorities have not confirmed the amounts. Oil-driven inflation has pushed Treasury yields higher in Q2 2026, reinforcing dollar demand and keeping USD/JPY elevated near multi-decade highs.

How can I buy USD/JPY?

  • 1

    Sign up

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  • 2

    Deposit funds

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  • 3

    Trade

    Choose USDJPY, set the amount, and click buy or sell — that’s it!

USD/JPY

USDJPY

163.394

+1.38%

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