Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
    eg: USDCAD, GBP/EUR, AUD to USD, 500 Pound to Yen, 15K Dollar Peso, Send Japan

    USD to JPY Forecasts

    USD/JPY forecasts change all the time, affected by news events and relative sentiment towards the US and Japanese economies and this exchange rate is even more volatile than usual because of the uncertainties around the Coranavirus pandemic.

    Updated: Oct 09, 2021  
     

    1 USD = 114.19 JPY
    Sell USD  →  Buy JPY
    USD to JPY at 114.1 has risen 3.2% above its 90-day average, range 109.0-114.4.
    |
     
    90-DAYHIGH

    Yen Outlook

    In September, the JPY traded within recent ranges of 109 – 111 JPY until the last week of the month.

    Continued market volatility could support a lower USDJPY in October and the expectation that potential Prime Minister Kishida will maintain current monetary policy could also pressure the yen lower.

    USD/JPY wasChangePeriod
    110.97
    04 Oct 2021
    3% 2 Weeks
    109.92
    20 Jul 2021
    4% 90 Days
    105.44
    18 Oct 2020
    8.4% 1 Year
    103.48
    19 Oct 2016
    10.5% 5 Years
    76.36
    21 Oct 2011
    49.7% 10 Years
    122.73
    23 Oct 2001
    6.9% 20 Years
    USD/JPY change over periods to 18-Oct-2021

     

    USD/JPY Market News

    OFX see the JPY pivoting around the 109/110 to $1USD levels, until we see a sustained spike in volatility or the confirmation of a change in risk sentiment, which will test again the safe-haven status of the Yen.

    July 2nd – USD/JPY rose above 111¥ – its highest level in over two years.

    Japanese Yen Forecasts

    Being a safe-haven currency JPY always enjoys a drop when risk sentiment improves, which typically means losses for JPY against other major currencies. JPY Outlook

    The USD to JPY currency pair generally goes up whenever there is overall Dollar strength and market’s in a risk-on stance.

    The foreign exchange market convention for USD/JPY is to quote Japanese yen as Yen per US dollar. Thus a higher USD/JPY rate actually means one yen is worth less, that is you can buy more yen for 1 USD.

    You can read about other USD exchange rate forecasts here US Dollar Trends and Forecasts for 2021.

     

    Loading rates...

    ProviderAmountsRateCost
       
       
       
       
     

     

     

    More Forecasts


     
    Posted under: #Forecasts #JPY #USD

    Disclaimer: Please note any provider recommendations, currency forecasts or any opinions of our authors should not be taken as a reference to buy or sell any financial product.