JPY/USD
Yen – US Dollar Chart
JPY is short for Japanese Yen, A.K.A the Yen. The price of USD/JPY tells how many Japanese Yen are needed to buy one U.S. dollar. Because Japan is an export-oriented country, a weak Yen is advocated by almost all Japanese government leaders. Japan has a huge amount overseas investment, when global economy is growing, the Yen tend to goes lower due to the outflow from Japan for overseas investments. However, it tend to goes stronger when global economy is in recession as overseas investments backflowing to home.
