Synopsis
USDJPY is a popular currency pair that measures the value of a dollar in terms of the Japanese Yen and is affected by changes in interest rates between the two countries and their relationship. The Forex market and the interbank market, was established in 1971 when international trade shifted from a fixed exchange rate to a floating exchange rate. Thereafter, the exchange rate of one currency relative to another is often expressed in an explicit way to express a mutually agreed upon exchange relationship. The appeal of carry trades has made the yen one of the most traded currencies in the world due to Japan's low interest rate policy. At the same time, the yen is a traditional safe-haven currency. Once the market sentiment deteriorates, the yen will be bought by safe-haven funds. The monetary policies of major countries in the world, international balance of payments, policy changes in various countries, relative inflation rates, the world's macroeconomics, domestic interest rates, sho
Trading Terms
- Contract Size 100000
- Swap Long(Daily) % -0.00969%
- Leverage 50X
- Swap Short (Daily)% -0.01394%
- Minimum Lot Size 0.01
- Spreads 0.015
- Maximum Lot Size 20.00
- Triple Swap Wednesday
- Maximum Position 100.00
- Trading Session
Real-time Trading Strategies
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