USD/JPY: Japan would take more than 2 years to achieve 2.0% inflation target, opines BoJ’s Sayuri Shirai

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.22% against the JPY and closed at 101.76. In the Asian session, at GMT0300, the pair is trading at 101.70, with the USD trading 0.06% lower from yesterday’s … Continue reading

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USD/JPY: Yen reverses its direction in the Asian trading hours

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.06% against the JPY and closed at 101.99, following the recent batch of healthy economic releases from the US economy. Meanwhile, in Japan, media reports showed that the … Continue reading

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USD/JPY: BoJ could ease its stimulus measures if consumer prices surpass its 2.0% target, hints BoJ’s Kikuo Iwata

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 101.92. In economic news, the minutes from the BoJ’s 30 April policy meeting, released early Monday, showed that three of the … Continue reading

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USD/JPY: Japan to continue with its moderate pace of recovery, projects the BoJ’s monthly survey

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.32% against the JPY and closed at 101.77, buoyed by the recent batch of strong US manufacturing and housing data. Yesterday, the BoJ, in its monthly economic survey, … Continue reading

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USD/JPY: BoJ Kuroda confident on Japan achieving its 2.0% inflation target

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.13% against the JPY and closed at 101.44, as the minutes from the Fed’s April policy meeting showed that policymakers would continue tapering the size of its QE … Continue reading

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USD/JPY: BoJ kept its monetary stance intact at its policy meeting today

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.19% against the JPY and closed at 101.31. Yesterday, in Japan, an ex-BoJ economist, Hideo Hayakawa cautioned that the next policy action by the BoJ should be tapering … Continue reading

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USD/JPY: Japanese economy reacted as expected to the April sales-tax hike, says Japan’s Vice Economy Minister, Nishimura

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 101.50. Late Monday, Japan’s Vice Economy Minister, Yasutoshi Nishimura hinted that the Japanese economy is on track as the markets have … Continue reading

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USD/JPY: Yen snaps gains in the morning session

USDJPY Movement On Friday, the USD weakened 0.08% against the JPY and closed at 101.46. In the Asian session, at GMT0300, the pair is trading at 101.59, with the USD trading 0.13% higher from Friday’s close. Early morning, Japan’s Cabinet … Continue reading

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USD/JPY: Japan’s industrial production rose in March

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.29% against the JPY and closed at 101.54, as the latest batch of soft economic releases from the Euro-zone economy lured investors to take refuge under the safe-haven … Continue reading

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USD/JPY: Japan’s GDP rose faster than market expectations in the first quarter

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.39% against the JPY and closed at 101.84, as escalating tensions in Ukraine bolstered the demand-prospect of the safe-haven Japanese Yen. In a noteworthy development, Fitch Ratings affirmed … Continue reading

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USD/JPY: Yen trading higher with focus on Japan’s first quarter GDP data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened marginally against the JPY and closed at 102.24. Yesterday, a report from Bloomberg, highlighted the Bank of Japan (BoJ) officials’ concerns on the economic impact of a cooler-than-normal … Continue reading

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