USD/JPY: BoJ maintained its policy and slashes its economic forecast

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.16% against the JPY and closed at 101.54. In the Asian session, at GMT0300, the pair is trading at 101.63, with the USD trading 0.09% higher from yesterday’s … Continue reading

Posted in USD/JPY | Comments Off

USD/JPY: Japanese Yen showing convergence with its MA’s

USDJPY Movement On Friday, the USD strengthened 0.11% against the JPY and closed at 101.38. In the Asian session, at GMT0300, the pair is trading at 101.35, with the USD trading marginally lower from Friday’s close. This morning, economic data … Continue reading

Posted in USD/JPY | Comments Off

USD/JPY: Too premature to consider QE exit, Japan’s Amari

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.33% against the JPY and closed at 101.27. The JPY gained ground after the consumer confidence in Japan improved to its highest level in six months in June. … Continue reading

Posted in USD/JPY | Comments Off

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.08% against the JPY and closed at 101.60. On the economic front, the preliminary machine tool orders on an annualised basis rose 34.2% in June, compared to a … Continue reading

Posted in USD/JPY | Comments Off

USD/JPY: Discussions about exiting BoJ’ QE programme is too premature, BoJ’s Nakaso

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.26% against the JPY and closed at 101.84. On the economic front, Japan’s economy watchers’ assessment of current conditions improved, while their expectations weakened in June. The Eco … Continue reading

Posted in USD/JPY | Comments Off

USD/JPY: BoJ retains upbeat outlook on Japan’s nine regions

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.26% against the JPY and closed at 101.84. Yesterday, the BoJ, in its quarterly report, held on to its upbeat assessment on all the nine regions in Japan, … Continue reading

Posted in USD/JPY | Comments Off

USD/JPY: Japanese Yen trading higher this morning

USDJPY Movement On Friday, the USD weakened 0.14% against the JPY and closed at 102.06. On the macro front, Japan’s official reserves remained unchanged at $1,283.9 billion at the end of June 2014, compared to the reserves recorded at the … Continue reading

Posted in USD/JPY | Comments Off

USD/JPY: Japanese Yen reverses its losses in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.42% against the JPY and closed at 102.21, after data indicated that the US economy added more-than-expected private sector jobs in June, while the unemployment rate unexpectedly fell … Continue reading

Posted in USD/JPY | Comments Off

USD/JPY: Japan’s Markit service PMI stays in the contraction territory for the third-straight month in June

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.23% against the JPY and closed at 101.77, paring its initial losses, triggered by dovish comments by the Fed Chief, Janet Yellen. Yesterday, a survey report from the … Continue reading

Posted in USD/JPY | Comments Off

USD/JPY: Yen extends its losses in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.23% against the JPY and closed at 101.54. The Japanese Yen lost ground after the BoJ’s Tankan survey highlighted a lack of confidence among Japanese business. Also, the … Continue reading

Posted in USD/JPY | Comments Off

USD/JPY: Business confidence among Japanese companies deteriorated in the second quarter, indicates BoJ’s tankan survey

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.11% against the JPY and closed at 101.31. On the economic front, housing starts in Japan dropped 15.0% (YoY) to 67,791 units in May, the lowest for the … Continue reading

Posted in USD/JPY | Comments Off