USD/JPY: Japanese industrial production fell sharply in June

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.25% against the JPY and closed at 102.10 following upbeat US consumer confidence data. In the Asian session, at GMT0300, the pair is trading at 102.10, with the … Continue reading

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USD/JPY: Yen loses ground following downbeat data from Japan

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.08% against the JPY and closed at 101.85. Yesterday, Japan announced that it would impose further sanctions against Russia by banning imports of products from Crimea and by … Continue reading

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USD/JPY: Japanese Yen trading between its MA’s

USDJPY Movement On Friday, the USD is trading marginally lower against the JPY and closed at 101.77. The Japanese Yen extended its previous session’s gains triggered by IMF’s decision to upgrade Japan’s growth outlook for this year. In the Asian … Continue reading

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USD/JPY: Yen trading flat following a slowdown in Japan’s inflation rate

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.25% against the JPY and closed at 101.79. Yesterday, the IMF upgraded its economic growth forecasts for Japan to 1.6% in 2014, hinting that the nation made significant … Continue reading

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USD/JPY: Yen nudged lower this morning on the back of soft data from Japan

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.07% against the JPY and closed at 101.54. In the Asian session, at GMT0300, the pair is trading at 101.56, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/JPY: Japan may witness end of deflation, BoJ’s Hiroshi Nakaso

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.06% against the JPY and closed at 101.47. Economic data from the Cabinet Office released yesterday indicated that Japan’s leading economic index declined to the lowest level since … Continue reading

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USD/JPY: Japanese government reduces growth estimate for FY 2014/15

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.05% against the JPY and closed at 101.41. In the Asian session, at GMT0300, the pair is trading at 101.48, with the USD trading 0.07% higher from yesterday’s … Continue reading

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USD/JPY: Japanese Yen reverses its losses this morning

USDJPY Movement On Friday, the USD strengthened 0.23% against the JPY and closed at 101.36. In the Asian session, at GMT0300, the pair is trading at 101.28, with the USD trading 0.08% lower from Friday’s close. The pair is expected … Continue reading

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USD/JPY: QE to continue in order to achieve price stability target of 2%, BoJ

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.52% against the JPY and closed at 101.13. The safe haven appeal of the Japanese Yen rose on speculations of a terrorist attack on a Malaysian Airlines plane … Continue reading

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USD/JPY: Yen trading below its MA’s

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally weakened against the JPY and closed at 101.66. Yesterday, the BoJ in its monthly economic report indicated that the output gap between the Japan’s domestic demand and the … Continue reading

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USD/JPY: Yen trading above its MA’s

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.13% against the JPY and closed at 101.68, after the Fed Chief, Janet Yellen hinted that rates are likely to remain steady for a considerable period of time … Continue reading

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