USD/JPY: Japan only half-way in its path to 2% inflation target, opines BoJ Chief, Kuroda

USDJPY Movement On Friday, the USD weakened 0.18% against the JPY and closed at 102.22, in a thin Japanese holiday trading session. In Japan, the Bank of Japan (BoJ) Governor, Haruhiko Kuroda stated that the central bank would continue with … Continue reading

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USD/JPY: BoJ Chief, Kuroda highlights high probability for Japan to achieve its 2% inflation goal from the end of fiscal 2014 to the beginning of fiscal 2015

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally weakened against the JPY and closed at 102.40. In a speech to the Japan Chamber of Commerce and Industry, the Bank of Japan (BoJ) Governor, Haruhiko Kuroda stated … Continue reading

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USD/JPY: Yen trading higher ahead of the BoJ Chief, Kuroda’s speech in Tokyo

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.95% against the JPY and closed at 102.44, after the US Fed trimmed its asset-purchase programme by another $10 billion and hinted the possibility for an interest rate … Continue reading

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USD/JPY: Japan reported record trade deficit in February

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.42% against the JPY and closed at 101.48 as traders speculated that the Fed may abandon its 6.5% unemployment target which it uses as a benchmark for its … Continue reading

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USD/JPY: Japan on track to meet its 2% inflation goal, opines BoJ Governor, Kuroda

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.54% against the JPY and closed at 101.90. The Japanese Yen gave up ground against its US counterpart as easing Ukraine tensions weighed on the demand-outlook of safe-haven … Continue reading

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USD/JPY: Yen trading lower, following Friday’s gain

USDJPY Movement On Friday, the USD weakened 0.50% against the JPY and closed at 101.28, after the Reuters/University of Michigan’s consumer sentiment index in the US unexpectedly fell to a four-month low reading in March. Meanwhile, the Japanese Yen advanced … Continue reading

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USD/JPY: Economy to recover at a moderate pace, indicates BoJ minutes

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.03% against the JPY and closed at 101.78. The Japanese Yen advanced against the US Dollar as soft economic data from China and lingering concerns on Ukraine crisis, … Continue reading

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USD/JPY: Yen trading higher ahead of the minutes from BoJ’s policy meeting

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally weakened against the JPY and closed at 102.82. On the economic front, the Bank of Japan’s (BoJ), in its monthly economic survey revealed that the Japanese economy has … Continue reading

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USD/JPY: BoJ need not alter its policy at present, opines BoJ Chief, Kuroda

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.39% against the JPY and closed at 102.85. The Japanese Yen rose against the US Dollar as lingering concerns over China’s economic growth and increasing standoff between the … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.08% against the JPY and closed at 103.26. In the Asian session, at GMT0400, the pair is trading at 103.26, with the USD trading flat from yesterday’s close. … Continue reading

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USD/JPY: Yen trading higher amid strong demand for safe-haven assets

USDJPY Movement On Friday, the USD strengthened 0.25% against the JPY and closed at 103.32. In the Asian session, at GMT0400, the pair is trading at 103.07, with the USD trading 0.24% lower from Friday’s close. The Yen is trading … Continue reading

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