USD/JPY: Japan’s national annual consumer inflation rate rose to 1.6% in March

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.18% against the JPY and closed at 102.31. The Japanese yen rose as escalating tensions between Russia and Ukraine bolstered its safe-haven appeal. In the Asian session, at … Continue reading

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USD/JPY: Yen trading tad higher with focus of Japan’s consumer inflation data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.13% against the JPY and closed at 102.50. The Japanese Yen rose against the US Dollar as lacklustre economic releases from US and China, coupled with escalating tensions … Continue reading

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USD/JPY: Japan’s consumer inflation in FY2013 might have exceeded BoJ’s expectations, opines BoJ Governor

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.07% against the JPY and closed at 102.63. In economic news, Japan’s leading index fell less-than-estimated in February to a near a six-month low reading of 108.9 while … Continue reading

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USD/JPY: Yen trading tad higher in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.12% against the JPY and closed at 102.68. The Japanese Yen came under pressure after trade deficit in Japan jumped nearly 70% to a record 13.75 trillion in … Continue reading

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USD/JPY: “BoJ would maintain its QE measure until necessary to achieve 2% price target,” says BoJ Chief, Kuroda

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.32% against the JPY and closed at 102.21. In the Asian session, at GMT0300, the pair is trading at 101.97, with the USD trading 0.23% lower from yesterday’s … Continue reading

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USD/JPY: Japan making progress towards the central bank’s 2% inflation target, reiterates BoJ Chief, Kuroda

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly weakened against the JPY and closed at 101.88. Yesterday, Japan’s Chief Cabinet Secretary, Yoshihide Suga indicated that, during a lunch meeting, Japan Prime Minster, Shinzo Abe and the … Continue reading

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USD/JPY: Yen trading tad higher amid lack of economic releases from Japan

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.46% against the JPY and closed at 101.92. In the Asian session, at GMT0300, the pair is trading at 101.87, with the USD trading marginally lower from yesterday’s … Continue reading

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USD/JPY: BoJ is ready to act if risks to its price target materialize, says, BoJ’s Chief, Kuroda

USDJPY Movement On Friday, the USD strengthened 0.18% against the JPY and closed at 101.58, as traders cheered the recent upbeat producer inflation and consumer sentiment data from the US economy. Meanwhile, the Japanese Yen came under pressure after the … Continue reading

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USD/JPY: Japan’s economy moving in-line with the central bank’s expectations, indicated BoJ’s minutes

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.72% against the JPY and closed at 101.40. The Japanese Yen rose as the latest batch of mixed economic data from China spurred demand for safe-haven assets. In … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.15% against the JPY and closed at 102.13. However, the gains were capped after the minutes from the Fed’s March policy meeting failed to support market expectations for … Continue reading

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USD/JPY: Japan economy can currently withstand a sales tax hike, opines BoJ Governor, Kuroda

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.08% against the JPY and closed at 101.96. In Japan, the Bank of Japan (BoJ) Governor, Haruhiko Kuroda, following the central bank’s decision to keep its monetary policy … Continue reading

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