What does USDJPY Mean?

USDJPY is a currency pair and the quotation of this currency pair USDJPY is the relative value of a unit of the first currency against the unit of another currency in the market.

When is The Best Time to Trade USDJPY Currency?

The best time to trade USDJPY is from 1300 to 1700 GMT. This is the time when both London Market and New York Market are open and transactions from both markets means USDJPY spreads are normally tightest during this time because there is a lot of market liquidity for online Forex transactions.

USDJPY Forex exchange rate of USDJPY

What's the Best Time to Trade Currencies?

Most traders should trade currencies including USDJPY during the Europe and USA Market Session Overlaps.

Best Times To Trade Currencies - What is the best time to trade USDJPY?

Therefore to come up with the best hours using based on these two market sessions as shown below:

Market Hours and Overlaps - USDJPY Trading

The Best Times to Trade the Markets - USDJPY Trading