We use cookies that are necessary for this site to work. With your permission we would also use analytics and advertising cookies to understand how the site is used and to measure our advertising. Cookie Policy

GCC Brokers
  • ForexMajor, minor and exotic currency pairsMetalsGold, silver and other precious metalsIndicesGlobal stock index CFDsCommoditiesEnergy and soft commoditiesFuturesFutures CFDsCrypto CFDsCrypto price exposure via CFDsPerpetualsPerpetual contractsMarket overviewToday's moves across every market
    Live prices
    • XAU/USD—
    • EUR/USD—
    • BTC/USD—
    • XAUUSDPERP—
    • XAG/USD—
    • ETH/USD—
    • US100—
    All markets →
  • Get startedAccountsStandard, Pro and Zero comparedPlatformsMetaTrader 5 on desktop, web and mobilePromotionsCurrent offers and terms
    Ways to tradeSocial tradingCopy strategies via HokoCloudAlgo tradingExpert Advisors and scriptsLondon FixHow the London Fix works
    InfrastructureFree VPSLow-latency hosting via ForexVPS.netLiquidity servicesFor brokers and institutions
    SchedulesHoliday scheduleTrading hours around market holidaysFutures scheduleContract expiry datesMargin scheduleMargin by instrument and position size
  • InsightsMarket research and analysisMarket newsOur latest analysis and today's releasesEconomic calendarThis week's key releasesToolsCalculators, trading hours and market dataGlossaryTrading terms explainedFAQAnswers to common questions
  • Partners
  • AboutWho we are and how we workWhy STPHow our execution model worksRegulationLicence and client protectionMedia coverageGCC Brokers in the pressLegal documentsAgreements and policiesContactPhone, email and live chat
LoginOpen account
XAU/USD EUR/USD BTC/USD XAUUSDPERP XAG/USD ETH/USD US100 GBP/USD USD/JPY USOIL US30 XAU/USD EUR/USD BTC/USD XAUUSDPERP XAG/USD ETH/USD US100 GBP/USD USD/JPY USOIL US30
GCC Brokers

FSC Mauritius-regulated STP forex and CFD broker. Representative office in Business Bay, Dubai.

+971 4 549 0408support@gccbrokers.com

Markets

  • Forex
  • Metals
  • Indices
  • Commodities
  • Futures
  • Crypto CFDs
  • Perpetuals
  • Market overview
Markets
  • Forex
  • Metals
  • Indices
  • Commodities
  • Futures
  • Crypto CFDs
  • Perpetuals
  • Market overview

Trading

  • Accounts
  • Platforms
  • Social trading
  • Algo trading
  • Free VPS
  • London Fix
  • Liquidity services
Trading
  • Accounts
  • Platforms
  • Social trading
  • Algo trading
  • Free VPS
  • London Fix
  • Liquidity services

Resources

  • Insights
  • Economic calendar
  • Holiday schedule
  • Futures schedule
  • Margin schedule
  • Tools
  • Glossary
  • FAQ
Resources
  • Insights
  • Economic calendar
  • Holiday schedule
  • Futures schedule
  • Margin schedule
  • Tools
  • Glossary
  • FAQ

Company

  • About
  • Partners
  • Regulation
  • Media coverage
  • Contact
Company
  • About
  • Partners
  • Regulation
  • Media coverage
  • Contact

Legal

  • Terms & Conditions
  • Privacy Policy
  • Risk Disclosure
  • AML & KYC Policy
  • Order Execution
  • Bonus Policy
Legal
  • Terms & Conditions
  • Privacy Policy
  • Risk Disclosure
  • AML & KYC Policy
  • Order Execution
  • Bonus Policy
FundingVisaMastercardWire TransferCryptoNetellerSkrill

Risk Warning: Trading FX and CFDs on leverage carries significant risk and may not be suitable for all investors. You may lose more than your initial deposit. Consider your financial situation and seek independent advice before trading.

GCC Brokers Limited (company no. 193243) is licensed and regulated by the Financial Services Commission of Mauritius as an Investment Dealer (Full Service Dealer, excluding Underwriting), licence no. GB22200739.

GCC Brokers Limited Representative Office (licence no. 1202392, Office 302, The Exchange Tower, Business Bay, Dubai, UAE) is a representative office of GCC Brokers Limited. It does not hold client money and is not licensed or regulated by any financial services regulator in the United Arab Emirates.

GCC Brokers Limited does not offer services to residents of the United States or jurisdictions on the FATF and EU/UN sanctions lists.

© 2026 GCC Brokers Limited. All rights reserved. FSC Mauritius — Licence GB22200739

  1. Markets
  2. /Forex
  3. /USD/JPY

USD/JPY

US Dollar vs. Japanese Yen

US Dollar vs Japanese Yen — a barometer of global risk sentiment and one of the most traded forex pairs.

Trade USD/JPYTry a demo
Contract size
100,000 USD
Margin
1% up to 200 lots at 1:100≈ $1,000.00 per lot
Minimum trade
0.01 lot (1,000 USD)
Hours (server time)
Mon 00:05 – Fri 23:58
Price chart

USD/JPY price history.

Last price (bid)156.819+0.071 (+0.05%)todayas of Oct 23, 23:45 server time (GMT+3)

Prices are our trading platform's bid for USDJPY. Times are server time, New York + 7 hours (GMT+3 now). Past performance is not a reliable indicator of future results.

Charts by TradingView

Day's range
156.063 – 157.147
52-week range
151.523 – 163.975

Performance

1 week
−0.73%
1 month
−0.33%
3 months
−3.87%
Year to date
+0.12%
1 year
+3.22%
Trading costs

What a USD/JPY trade costs.

The spread when you open, shown live above, and a swap for each night the position stays open. Spreads widen around news and at low liquidity.

Overnight swap
Long6.26
Short-20
Points per lot · tripled on Wednesday
Compare accounts →
Contract specifications

USD/JPY in detail.

Read from our trading platform daily. The specification in MetaTrader 5 always prevails.

Trading week (server time)

  • Mon: 00:05–24:00
  • Tue: 00:05–24:00
  • Wed: 00:05–24:00
  • Thu: 00:05–24:00
  • Fri: 00:05–23:58
  • Sat: Closed
  • Sun: Closed
Mon
Tue
Wed
Thu
Fri
Sat
Sun
0006121824

Server time is New York time + 7 hours.

Symbol
USDJPY
Description
US Dollar vs. Japanese Yen
Contract size
100,000 USD
Lot size
0.01 – 50.00, step 0.01
Digits
3
Margin
1% up to 200 lots at 1:100≈ $1,000.00 per lotMargin by position size →
Quote currency
JPY
Swap long / short
6.26 / -20 points
Triple swap
Wednesday
Execution
Market, STP-first
Seasonality

USD/JPY month by month.

The change in each calendar month, from our platform's month-end closing prices (bid). Our history for this instrument starts in November 2021.

YearJanFebMarAprMayJunJulAugSepOctNovDec
2026−1.19%+0.85%+1.69%−1.34%+1.70%+2.05%−3.06%+1.39%−1.46%−0.36%
2025−1.28%−2.96%−0.42%−4.61%+0.67%−0.01%+4.68%−2.46%+0.58%+4.15%+1.41%+0.30%
2024+4.16%+2.10%+0.91%+4.27%−0.34%+2.31%−6.78%−2.53%−1.76%+5.85%−1.57%+5.05%
2023−0.79%+4.67%−2.45%+2.61%+2.24%+3.57%−1.41%+2.29%+2.64%+1.50%−2.25%−4.84%
2022−0.04%−0.07%+5.82%+6.75%−0.93%+5.43%−1.78%+4.30%+4.21%+2.73%−7.23%−4.99%
2021−0.72%+1.72%
Average+0.17%+0.92%+1.11%+1.54%+0.67%+2.67%−1.67%+0.60%+0.84%+3.56%−2.07%−0.55%
Months higher1/53/53/53/53/54/51/53/53/54/41/53/5

Month to date · Past performance is not a reliable indicator of future results.

News and events

USD/JPY: related news and releases.

Our analysis

  • Weekly Sentiment: Yen Snaps Through 160, BoE Splits, PCE Cools as Strategy Books $8.2B Loss

    Jul 31, 2026

  • Yen at a 40-Year Low, Crude's Quarterly Retreat, and a Payrolls Setup

    Jul 2, 2026

Recent headlines

  • Euro set for weekly drop, yen eyes biggest gain since early September

    Zawya · Oct 23, 13:10

  • BOJ Is Said to Keep Rate Hikes on Fast Track, December in Focus

    Bloomberg · Oct 23, 11:10

  • Yen shines as AI jitters spur safe-haven rush

    Zawya · Oct 23, 06:56

Headlines from other publishers, linked to the original article. They are not written or endorsed by GCC Brokers.

Key releases

  • Durable Goods Orders MoMUSD

    Oct 27, 15:30 · Forecast 0.6% · Previous 0%

  • Fed Interest Rate DecisionUSD

    Oct 28, 21:00 · Forecast 4% · Previous 4%

  • Fed Press ConferenceUSD

    Oct 28, 21:30

  • Consumer ConfidenceJPY

    Oct 29, 08:00 · Forecast 35.1 · Previous 35.4

  • Core PCE Price Index MoMUSD

    Oct 29, 15:30 · Forecast 0.3% · Previous 0.2%

  • GDP Growth Rate QoQ AdvUSD

    Oct 29, 15:30 · Forecast 3.2% · Previous 2.2%

High-impact releases for USD, JPY over the next 7 days, in server time (GMT+3). Dots on the 1D and 5D charts mark recent releases.

About

About USD/JPY

USD/JPY is the second most traded currency pair in the world, representing the exchange rate between the US dollar and the Japanese yen. The yen is traditionally considered a safe-haven currency — it tends to strengthen during periods of global risk aversion and weaken when risk appetite returns.

The pair is strongly influenced by the interest rate differential between the US Federal Reserve and the Bank of Japan (BoJ). Japan's historically low interest rates have made USD/JPY a popular instrument for carry trades, where traders borrow in low-yielding yen to invest in higher-yielding assets.

At GCC Brokers, USD/JPY is traded with automatic execution and no manual intervention. The pair is most active during the Asian session (00:00–08:00 GMT) and the London–New York overlap. Its clean technical trends and sensitivity to macro events make it a favourite among both fundamental and technical traders.

FAQ

Frequently Asked Questions

What are the trading hours for USD/JPY?

USD/JPY trades 24 hours a day, five days a week. It is usually most active during the Tokyo session and the London–New York overlap. The exact hours, in server time, are in the specifications above.

What is a carry trade with USD/JPY?

A carry trade involves borrowing in a low-interest-rate currency (JPY) and investing in a higher-yielding currency (USD). Traders profit from the interest rate differential as long as the exchange rate remains stable or moves in their favour.

What spreads does GCC Brokers offer on USD/JPY?

Spreads are variable and depend on market conditions and your account. Standard and Pro have no commission, and Pro has tighter spreads; Zero has raw spreads plus a commission. The live spread is shown on this page.

Why is the yen considered a safe-haven currency?

Japan is the world's largest net creditor nation. During global uncertainty, Japanese investors tend to repatriate overseas assets back into yen, increasing demand. This safe-haven flow strengthens the yen during risk-off events.

What moves the USD/JPY price?

Key drivers include Federal Reserve and Bank of Japan policy decisions, US-Japan interest rate differentials, US employment and inflation data, Japanese economic indicators, and global risk sentiment shifts.

More Forex

Related instruments.

All Forex →
  • EUR/USDEuro vs. US Dollar
  • GBP/USDBritish Pound vs. US Dollar
  • AUD/USDAustralian Dollar vs. US Dollar
  • NZD/USDNew Zealand Dollar vs. US Dollar

Share this page

Trade USD/JPY on MT5.

Open accountTry a demo
Compare accounts→Trading hours→Margin and pip calculators→
Live price · Standard account pricesMarket openMarket closedConnecting…
Sell (bid)—
Buy (ask)—
Spread
—
Digits
3
Updated
—

Prices stream from our trading platform. Pro and Zero accounts are priced differently; see trading costs below.