USD/JPY: Japanese Yen extends its losses this morning

USDJPY Movement On Friday, the USD strengthened 0.42% against the JPY and closed at 120.34. In the Asian session, at GMT0400, the pair is trading at 120.60, with the USD trading 0.22% higher from Friday’s close. Earlier today, data from … Continue reading

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USD/JPY: Japanese Yen trading above its MAs

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.06 % against the JPY and closed at 119.83, amid mounting speculation that the Federal Reserve would raise interest rates this year. Yesterday, the Japanese Prime Minister Shinzo … Continue reading

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USD/JPY: Yen trading higher, amid a thin holiday trading session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.0% against the JPY and closed at 119.47, after consumer confidence in the US for December came in below expectations. In the Asian session, at GMT0400, the pair … Continue reading

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USD/JPY: Japanese Yen trading on an upward trend this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.24% against the JPY and closed at 120.68. According to Japan’s ruling Liberal Democratic Party’s tax revision proposal, the corporate-tax rate in the nation should go down by … Continue reading

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USD/JPY: $29 billion stimulus plan approved by the Japan cabinet

USDJPY Movement On Friday, the USD strengthened 0.13% against the JPY and closed at 120.40. The JPY continued its downward trend after poor macro-economic data from Japan cast doubts on the economic health of the nation. Data released last week … Continue reading

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USD/JPY: $29 billion stimulus plan approved by the Japan cabinet

USDJPY Movement On Friday, the USD strengthened 0.13% against the JPY and closed at 120.40. The JPY continued its downward trend after poor macro-economic data from Japan cast doubts on the economic health of the nation. Data released last week … Continue reading

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USD/JPY: Japanese Yen trading higher ahead of the BoJ minutes

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.54% against the JPY and closed at 120.76, following encouraging 3Q GDP and consumer sentiment data in the US. In the Asian session, at GMT0400, the pair is … Continue reading

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USD/JPY: Japanese Yen trading lower in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.47% against the JPY and closed at 120.11. Yesterday, the BoJ in its monthly report remained upbeat over Japan’s economy and further added that the effects of the … Continue reading

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USD/JPY: Japanese Yen reverses its losses this morning

USDJPY Movement On Friday, the USD strengthened 0.48% against the JPY and closed at 119.51. In economic news, the all industry activity index in Japan unexpectedly eased 0.1% on a monthly basis in October, following a revised 1.4% increase recorded … Continue reading

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USD/JPY: The BoJ kept its monetary policy intact

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded a tad higher against the JPY and closed at 118.94. In the Asian session, at GMT0400, the pair is trading at 119.32, with the USD trading 0.32% higher … Continue reading

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USD/JPY: Japanese Yen trading on a stronger footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 2.04% against the JPY and closed at 118.92. In economic news, final machine tool orders in Japan remained unchanged at 36.6% in November. In the Asian session, at … Continue reading

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