One of the largest and most often traded currency in foreign exchange markets is the Japanese Yen. The Japanese Yen is Japan’s official currency and was created in the late 1800’s. According to Silver (2019), Japan has the third largest global economy with its GDP crossing over $5 trillion in 2019. Also, in 2019 Japan was responsible for $694 billion of exports and $632 billion in imports. According to Simoes (2019), Japan’s top exports included cars totaling $101 billion, vehicle parts totaling $35 billion, integrated circuit boards totaling $26.5 billion, machinery totaling $22 billion and printer equipment totaling $13.6 billion. Japan has been recognized for its export efficiency and competitiveness making it the world’s fourth largest export in terms of US Dollar. Each consecutive year, the Japanese economy has seen steady export growth creating a trade surplus since 1980. The great depression of 2008 and the natural disaster wreaked havoc on the entire Japanese economy and weakened their economy taking several years to recover. Since its recovery and demonstrated growth and newfound stability, the Yen has been reserved by others around the globe at low rates, creating gateways for trading. It is important for traders to understand Japan’s current economic standing including the factors that influence the exchange rate. Just like the commodity market, the foreign exchange rates are determined by supply and demand. The influencing parties are labeled as businesses, central banks, individual contributors, international institutions, investors and governments. As stated by Marthinsen (2015) and Twin (2019), there are several influencing factors that affect the foreign exchange rates and those are, central banks, domestic prices, expectations, government