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General Information

USDJPY

Another well-liked currency combination on the foreign exchange market is USD/JPY. It depicts how much the US dollar is worth compared to the Japanese yen. The US dollar is the currency of the United States, whereas the Japanese yen is the one used in Japan.

The tight economic ties between the US and Japan account for the USDJPY’s significance in the trading community. Economic developments in one nation might have a big influence on the other because they are two of the biggest economies in the world. This makes USDJPY a well-liked currency pair for traders wanting to profit from these economic developments and exchange rate movements.

Questions and Answers

What is margin?

Trading on margin means that you are able to increase your position size using leverage.
If you trade with a leverage of 10:1 for example, you will only need to invest $100 in order to open a deal of 1000 dollars. Margin trading can magnify profits and magnify losses as well

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Glossary

Nominal Value

The original declared value of a financial instrument, such as a bond or stock, is referred to as nominal value. This value is used to determine the instrument's worth in terms of dividends and interest payments.

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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.