USD/JPY: Industrial production in Japan rebounds in May

USDJPY Movement On Friday, the USD weakened 0.23% against the JPY and closed at 101.43. In the Asian session, at GMT0300, the pair is trading at 101.29, with the USD trading 0.14% lower from Friday’s close. Earlier today, data released … Continue reading

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USD/JPY: Yen trading higher following strong Japanese consumer inflation data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.15% against the JPY and closed at 101.66. In the Asian session, at GMT0300, the pair is trading at 101.51, with the USD trading 0.15% lower from yesterday’s … Continue reading

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USD/JPY: Yen continues to trade higher against the US Dollar in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.12% against the JPY and closed at 101.82, hurt by downbeat US GDP and durable goods orders data. Yesterday, a poll from Reuters showed that majority of the … Continue reading

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USD/JPY: Yen snaps losses in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened marginally against the JPY and closed at 101.94. In a noteworthy event, yesterday, Japan’s Prime Minister, Shinzo Abe, announced a package of measures, including corporate tax cuts and … Continue reading

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USD/JPY: Bolder efforts needed to meet G20 commitments, opines BoJ Governor, Kuroda

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.19% against the JPY and closed at 101.89. Yesterday, in a speech to one of Japan’s leading business associations, the BoJ Governor, Haruhiko Kuroda, highlighted the need for … Continue reading

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USD/JPY: BoJ’s stimulus policy having an intended impact on the economy, opines BoJ Governor, Kuroda

USDJPY Movement On Friday, the USD strengthened 0.20% against the JPY and closed at 102.14. During his speech to an annual meeting of trust association, the BoJ Governor Haruhiko Kuroda, indicated that the central bank’s stimulus measures are having an … Continue reading

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USD/JPY: Japan has only reached the half-way in its path to inflation, opines BoJ’s Governor, Kuroda

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally strengthened against the JPY and closed at 101.94. Yesterday, during his testimony before the Upper House Financial Affairs Committee, BoJ Governor, Haruhiko Kuroda affirmed that the central bank’s … Continue reading

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USD/JPY: Japanese economy to continue to recover at a moderate pace with a rebound in its exports, projects BoJ’s Morimoto

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.24% against the JPY and closed at 101.93, following Fed’s decision to slash its 2014 economic growth-forecast for the US economy. In the Asian session, at GMT0300, the … Continue reading

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USD/JPY: Japanese economy to continue with its moderate pace of recovery, indicates BoJ’s minutes

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.34% against the JPY and closed at 102.18 on the back of a strong US consumer inflation data. In the Asian session, at GMT0300, the pair is trading … Continue reading

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USD/JPY: Japan economy to continue its moderate pace of recovery, projects BoJ

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.17% against the JPY and closed at 101.83. Yesterday, the BoJ, in its monthly economic survey, reiterated its outlook for the Japanese economy to recover at a moderate … Continue reading

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USD/JPY: Yen trading higher amid ongoing geo-political tensions in Iraq

USDJPY Movement On Friday, the USD strengthened 0.31% against the JPY and closed at 102.00. Following the BoJ’s decision, to keep its policy stance unchanged at its two-day meeting in June, Governor, Haruhiko Kuroda hinted that central bank’s aggressive easing … Continue reading

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