If you've ever traveled internationally or bought imported goods, you've dealt with currency exchange rates, but understanding why the US Dollar and Japanese Yen fluctuate can seem like a mystery. You'll learn how major economic forces and even central bank actions play a surprising role in these daily shifts.
The USD to JPY rate is trending because the Yen has been weakening significantly against the Dollar, hitting multi-decade lows.
This means it takes more Japanese Yen to buy one US Dollar than it did previously.