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
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!