About CHF/JPY
What moves it
- The Swiss franc side (Swiss National Bank)
- Safe-haven demand during stress, SNB policy and its tolerance for franc strength, and Swiss inflation.
- The Japanese yen side (Bank of Japan)
- The gap between Japanese and foreign bond yields, Bank of Japan policy shifts, and risk sentiment — the yen often strengthens when markets fall.
When it is most active
Most active during the Tokyo and London sessions. The Tokyo–London handover is often when it starts to move.
- Tokyo
- London
See which sessions are open now, in your time zone
Pip value
One pip is 0.01. On a standard lot of 100,000 CHF, a one-pip move is worth 1,000 JPY. Your broker converts this into your account currency at the current rate.
Calculate pip value and position size
Educational information only — not a recommendation to trade CHF/JPY. Prices and technical summaries come from TradingView and can differ slightly from your broker’s feed.