USDJPY pips are different: 0.01 = 1 pip. A 15-pip stop on 0.3 lots = ~$42 risk. Always check pip value in your account currency.
USD/JPY is the 2nd most traded pair (~13% of volume). BOJ interventions can cause 200-500 pip spikes. Yen is a safe-haven currency that strengthens during market stress. Pip value varies with rate: at 150.00, 1 pip = $6.67/lot. Contract: 100,000 units. Average range: 60-120 pips/day.
Source: BIS Triennial Survey 2023, broker specifications, market analysis.
USDJPY: 1 lot = $9.3 per 0.01
Real-time USDJPY data, order flow, AI analysis. Position size calculator built into the terminal.
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