USD/JPY Exchange Rate Today — Live Chart and Analysis

Shows how many Japanese yen one US dollar buys - the primary carry trade instrument globally. Japan hiked rates to 1.00% in Q2 2026, narrowing but not closing the wide differential with the Fed.

Buy price

158.999

Sell price

158.999

USD/JPY chart

Price Performance

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

Analysis

Trades near 161–162 in Q3 2026, close to 40-year highs. The Fed hiked 25bp to 3.75–4.00% on 16 Sep, widening the Fed-BoJ differential further. BoJ hiked to 1.00% in Q2 2026, but that gap remains historically large. Japan has intervened repeatedly, spending over ¥10 trillion without lasting effect. BoJ board members target a neutral rate of around 2%, suggesting further hikes ahead.

How can I buy USD/JPY?

  • 1

    Sign up

    Create an account and complete a quick verification.

  • 2

    Deposit funds

    Add money to your wallet via card, bank transfer, or crypto.

  • 3

    Trade

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

USD/JPY

USDJPY

158.999

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