USD/JPY: BoJ kept its monetary policy stance unchanged at its April meeting

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.24% against the JPY and closed at 103.07. In economic news, Japan’s leading economic indicator fell more-than-expected to a 5-month low reading of 108.5 in February, from previous … Continue reading

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USD/JPY: Yen trading below its MA’s

USDJPY Movement On Friday, the USD weakened 0.63% against the JPY and closed at 103.24, hurt by the latest batch of downbeat jobs data from the US economy. In the Asian session, at GMT0300, the pair is trading at 103.29, … Continue reading

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USD/JPY: BoJ should be appreciated for its aggressive monetary policy, says Japan’s Finance Minister, Aso

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally strengthened against the JPY and closed at 103.90. In the Asian session, at GMT0300, the pair is trading at 103.95, with the USD trading slightly higher from yesterday’s … Continue reading

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USD/JPY: Yen trading tad lower in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.24% against the JPY and closed at 103.89, following strong US factory orders data. In the Asian session, at GMT0300, the pair is trading at 103.94, with the … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.41% against the JPY and closed at 103.64. In the Asian session, at GMT0300, the pair is trading at 103.86, with the USD trading 0.21% higher from yesterday’s … Continue reading

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USD/JPY: Yen trading tad lower ahead of the planned sale-tax hike in Japan

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.32% against the JPY and closed at 103.23. Yesterday, data from Japan showed that housing starts rose 1.0% (YoY) in February, less than analysts’ estimates for a 4.9% … Continue reading

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USD/JPY: Yen trading lower in the Asian session

USDJPY Movement On Friday, the USD strengthened 0.62% against the JPY and closed at 102.80. In the Asian session, at GMT0300, the pair is trading at 102.87, with the USD trading 0.07% higher from Friday’s close. Early morning, data from … Continue reading

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USD/JPY: Japan nation CPI registered a 1.5% rise in the February

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.26% against the JPY and closed at 102.18, as traders cheered a strong US GDP and weekly jobless claims data. In the Asian session, at GMT0400, the pair … Continue reading

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USD/JPY: BoJ still has a role to play in ending deflation in the nation, says Japan’s Akira Amari

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.37% against the JPY and closed at 101.92. The Japanese Yen advanced as lingering tensions between the Western nations and Russia fuelled demand for safe-haven assets. Yesterday, at … Continue reading

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USD/JPY: BoJ to decide on further stimulus by the mid of May, projects Etsuro Honda

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.06% against the JPY and closed at 102.31, benefited from an upbeat consumer confidence data from the US. In the Asian session, at GMT0400, the pair is trading … Continue reading

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USD/JPY: Deflation risk to emerge if inflation stays below 1% for a long time, warns BoJ’s Kikuo Iwata

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally weakened against the JPY and closed at 102.25. Yesterday, the Bank of Japan (BoJ) Deputy Governor, Kikuo Iwata, highlighted the possibility for deflation risks in the Japanese economy … Continue reading

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