TOTAL VOLUME:
$154.4b
24H VOL:
$290,393,159
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,944,100,805
420,493
Markets across
40,511
events
MATCHED EVENTS:
4,612
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 9, 5:00 PM EST
Kalshi
The outcome depends on the USD to Japanese Yen exchange rate at a specific future moment. Traders and analysts often track such rates to gauge economic trends and currency strength. The result reflects whether the rate meets or exceeds a certain level at that exact time.
All markets resolve based on the USDJPY exchange rate's opening candlestick value at 5pm ET on October 9, 2026, as published by Pyth. Each market has a unique threshold; if the rate is above that threshold at the specified time, the market resolves to Yes, otherwise to No. Data revisions after expiration are disregarded, and values are rounded to four decimal places. If Pyth lacks data at 5pm ET, the most recent available value is used. The consistent methodology ensures uniform resolution across all markets, with each threshold determining its specific Yes/No outcome.
Currently, prediction market odds reflect a different perspective than many traditional analyst forecasts for the USDJPY exchange rate. While many analysts predict a continued strengthening of the US dollar, this market incorporates a wider range of potential outcomes and allows traders to express nuanced views. It’s important to remember that analyst forecasts are often point estimates, while this market represents a probability distribution across various price levels. Discrepancies between the two can arise due to differing methodologies and the incorporation of diverse information sources.
This market resolves around Oct 9, 2026, with the outcome confirmed once the USDJPY exchange rate is verifiable from credible public reporting. The final price will be determined by the mid-price of the USDJPY exchange rate at 5:00 PM EDT on October 9th, 2026, as reported by a widely recognized financial data provider. Traders will then be paid out based on whether their purchased contracts align with the actual outcome, reflecting the probabilities they assigned when trading.
Several key signals and events could significantly influence this market. Major economic data releases from both the United States and Japan, such as inflation reports, employment figures, and GDP growth, are likely to cause price fluctuations. Unexpected policy announcements from the Federal Reserve or the Bank of Japan regarding interest rates or quantitative easing could also have a substantial impact. Geopolitical events and shifts in global risk sentiment could also move the USDJPY exchange rate, and therefore this market, as investors seek safe-haven assets or adjust their risk exposure.