The USD/JPY exchange rate rose to 147.3970 on July 11, 2025, up 0.77% from the previous session. Over the past month, the Japanese Yen has weakened 2.73%, but it's up by 6.63% over the last 12 months. Japanese Yen - values, historical data, forecasts and news - updated on July of 2025.

Prices for USDJPY US Dollar Japanese Yen including live quotes, historical charts and news. USDJPY US Dollar Japanese Yen was last updated by Trading Economics this July 14 of 2025.

The USD/JPY exchange rate rose to 147.6940 on July 14, 2025, up 0.20% from the previous session. Over the past month, the Japanese Yen has weakened 2.02%, but it's up by 6.61% over the last 12 months. Japanese Yen - values, historical data, forecasts and news - updated on July of 2025.

In 2024, the trading value of stock exchanges in Japan amounted to over *** quadrillion Japanese yen. The trading value on Japanese stock exchanges, including the Tokyo Stock Exchange, which accounted for most of the trading, increased from around one quadrillion yen in the previous year.

In 2024, trading losses in Japan amounted to around *** trillion Japanese yen. This represented an increase from about minus **** trillion yen in the previous year.

United States COT: Futures: Japanese Yen (JPY): Open Interest data was reported at 21,541.300 125MN JPY/Contract in 17 Jul 2018. This records an increase from the previous number of 18,206.600 125MN JPY/Contract for 10 Jul 2018. United States COT: Futures: Japanese Yen (JPY): Open Interest data is updated weekly, averaging 17,559.300 125MN JPY/Contract from Jun 2006 (Median) to 17 Jul 2018, with 624 observations. The data reached an all-time high of 38,053.200 125MN JPY/Contract in 12 Jun 2007 and a record low of 6,299.800 125MN JPY/Contract in 16 Jun 2009. United States COT: Futures: Japanese Yen (JPY): Open Interest data remains active status in CEIC and is reported by US Commodity Futures Trading Commission. The data is categorized under Global Database’s USA – Table US.Z025: Commitment of Traders: Financial: Futures.

The 200-day pound to yen SMA continued to increase up to July ****, indicating strengthening British pounds against Japanese yen. As of July 10, the pair is trading above the 200-day SMA level, signaling bullish momentum. The Simple Moving Average, or SMA, is a common metric used within stock and FX market analysis and especially focuses on long-term trends. The 200-day SMA, especially, is considered very important, as it displays the average price of a stock or currency over the past 200 days (or 40 weeks of trading). If the price of the asset remains above this average, it is generally considered to be in an upward trend.

Prices for JPYUSC Japanese Yen USD Coin including live quotes, historical charts and news. JPYUSC Japanese Yen USD Coin was last updated by Trading Economics this July 13 of 2025.

In 2024, the stock trading value of the Tokyo Stock Exchange (TSE) in Japan amounted to ******* trillion Japanese yen, reaching a decade high. The combined market capitalization of companies listed on the Tokyo Stock Exchange reached ***** trillion yen in December 2024.

In the six months from October 2024 to March 2025, the value of online stock trading at securities companies in Japan amounted to around ***** trillion Japanese yen. At ***** trillion yen, margin trading accounted for the largest share of online stock trading transactions.

In 2024, the average daily stock trading value of the Tokyo Stock Exchange (TSE) in Japan reached *** trillion Japanese yen. The total trading value of the Tokyo Stock Exchange amounted to over *** quadrillion yen, reaching a decade high.

One pound was worth increasingly more Japanese yen as 2024 progressed, leading to the highest values since 2012. The GBP/JPY currency pair is not as widely traded on the global forex market as other coins, but does reflect the impact of a weakening yen. The Japanese economy suffers from a growing trade deficit, and also has a sizable difference between domestic and foreign interest rates.

Snapshot img

Foreign Exchange Market Size 2025-2029

The foreign exchange market size is forecast to increase by USD 582 billion, at a CAGR of 10.6% between 2024 and 2029.

The Foreign Exchange Market is segmented by type (reporting dealers, financial institutions, non-financial customers), trade finance instruments (currency swaps, outright forward and FX swaps, FX options), trading platforms (electronic trading, over-the-counter (OTC), mobile trading), and geography (North America: US, Canada; Europe: Germany, Switzerland, UK; Middle East and Africa: UAE; APAC: China, India, Japan; South America: Brazil; Rest of World). This segmentation reflects the market's global dynamics, driven by institutional trading, increasing digital adoption through electronic trading and mobile trading, and regional economic activities, with APAC markets like India and China showing significant growth alongside traditional hubs like the US and UK.
The market is experiencing significant shifts driven by the escalating trends of urbanization and digitalization. These forces are creating 24x7 trading opportunities, enabling greater accessibility and convenience for market participants. However, the market's dynamics are not without challenges. The uncertainty of future exchange rates poses a formidable obstacle for businesses and investors alike, necessitating robust risk management strategies. As urbanization continues to expand and digital technologies reshape the trading landscape, market players must adapt to remain competitive. One significant trend is the increasing use of money transfer agencies, venture capital investments, and mutual funds in foreign exchange transactions. Companies seeking to capitalize on these opportunities must navigate the challenges effectively, ensuring they stay abreast of exchange rate fluctuations and implement agile strategies to mitigate risk.
The ability to adapt and respond to these market shifts will be crucial for success in the evolving market.

What will be the Size of the Foreign Exchange Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free Sample

In the dynamic and intricate realm of the market, entities such as algorithmic trading, order book, order management systems, and liquidity risk intertwine, shaping the ever-evolving market landscape. The market's continuous unfolding is characterized by the integration of various components, including sentiment analysis, Fibonacci retracement, mobile trading, and good-for-the-day orders. Market activities are influenced by factors like political stability, monetary policy, and market liquidity, which in turn impact economic growth and trade settlement. Technical analysis, with its focus on chart patterns and moving averages, plays a crucial role in informing trading decisions. The market's complexity is further amplified by the presence of entities like credit risk, counterparty risk, and operational risk.

Central bank intervention, order execution, clearing and settlement, and trade confirmation are essential components of the market's infrastructure, ensuring a seamless exchange of currencies. Geopolitical risk, currency correlation, and inflation rates contribute to currency volatility, necessitating hedging strategies and risk management. Market risk, interest rate differentials, and commodity currencies influence trading strategies, while cross-border payments and brokerage services facilitate international trade. The ongoing evolution of the market is marked by the emergence of advanced trading platforms, automated trading, and real-time data feeds, enabling traders to make informed decisions in an increasingly interconnected and complex global economy.

How is this Foreign Exchange Industry segmented?

The foreign exchange industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Reporting dealers
  Financial institutions
  Non-financial customers


Trade Finance Instruments

  Currency swaps
  Outright forward and FX swaps
  FX options


Trading Platforms

  Electronic Trading
  Over-the-Counter (OTC)
  Mobile Trading


Geography

  North America

    US
    Canada


  Europe

    Germany
    Switzerland
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The reporting dealers segment is estimated to witness significant growth during the forecast period.

The market is a dynamic and complex ecosystem where various entities interplay to manage currency risks and facilitate international trade. Reporting dealers, as key participants,

In the fiscal year 2023, the trading value of crypto assets in Japan amounted to over **** trillion Japanese yen. The spot market reached a transaction value of about **** trillion Japanese yen while the margin trading value amounted to *** trillion yen. Crypto account holders in Japan The crypto asset market in Japan has gained popularity in recent years, as highlighted by a growing number of active accounts on crypto exchanges in Japan. By fiscal year 2022, over six million crypto accounts had been set up, of which *** million were active. Men represented the majority of account holders. Broken down by age group, the largest share of account holders were in their thirties, followed by people in their forties. Eased regulations to boost number of listed coins Tight regulations regarding the launch of new cryptocurrencies have been limiting the competitiveness of Japanese trading platforms that list fewer coins than their international counterparts. In 2022, the Japan Virtual and Crypto assets Exchange Association, a self-regulatory body for the cryptocurrency industry, eased listing procedures for a part of currencies by issuing a green list of cryptocurrencies that do not require a screening process to be newly listed by trading platforms.

Prices for JPYCNY Japanese Yen Chinese Yuan including live quotes, historical charts and news. JPYCNY Japanese Yen Chinese Yuan was last updated by Trading Economics this July 13 of 2025.

In 2024, the trading value of the Nagoya Stock Exchange (NSE) in Japan amounted to around **** billion Japanese yen. The highest trading value in the observed period was recorded in 2019.

The Japanese yen based export price index (EPI) for all traded commodities stood at ***** index points in 2023. This indicated an export price increase by over ** index points compared to the base year 2020, when the lowest EPI was recorded for the most recent seven years.

The trading value of stocks on the First Section of the Tokyo Stock Exchange (TSE) in Japan amounted to 211.6 trillion Japanese yen in 2022. In the same year, the TSE's First Section listed 2,176 companies that recorded a market capitalization of over 708.5 trillion yen. The Tokyo Stock Exchange was restructured on April 4, 2022.

In 2021, the trading value of domestic exchange-traded funds (EFTs) listed on stock exchanges in Japan amounted to around 64 trillion Japanese yen, down from 75.5 trillion yen in the previous year. The ETF market in Japan was established in 2001.

Prices for JPYGBP Japanese Yen British Pound Sterling including live quotes, historical charts and news. JPYGBP Japanese Yen British Pound Sterling was last updated by Trading Economics this July 14 of 2025.