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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
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- USD/CAD: Loonie trading on a stronger footing this morning
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USD/JPY: Yen pares its losses in the Asian session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.68% against the JPY and closed at 103.06 following a higher than expected fall in US initial jobless claims and after several Fed officials hinted at continuation of … Continue reading
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USD/JPY: Yen trading lower in the morning session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.16% against the JPY and closed at 102.38. Yesterday, the Bank of Japan (BoJ) Governor, Haruhiko Kuroda reiterated that the central bank’s policy measures are targeted towards ending … Continue reading
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USD/JPY: Yen trading above its MA’s
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.79% against the JPY and closed at 102.22. The Japanese Yen lost ground against the US Dollar, as demand for safe-haven assets declined after Russia’s President, Vladimir Putin … Continue reading
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USD/JPY: Low interest rate in Japan offering incentives to yen-carry trade, opines BoJ Governor, Haruhiko
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.08% against the JPY and closed at 101.42, as traders cheered an upbeat US ISM manufacturing PMI report. In the Asian session, at GMT0400, the pair is trading … Continue reading
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USD/JPY: Capital spending in Japan rose at a slower pace than market expectations for fourth-quarter
USDJPY Movement On Friday, the USD marginally weakened against the JPY and closed at 102.07, following a lacklustre fourth-quarter US annualised GDP data. In the Asian session, at GMT0400, the pair is trading at 101.42, with the USD trading 0.63% … Continue reading
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USD/JPY: Japan’s national consumer inflation index registered a 1.4% annual rise in January
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.20% against the JPY and closed at 102.12, as traders reacted negatively to the Fed Chief, Janet Yellen’s testimony before the Senate and after the rising tensions in … Continue reading
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USD/JPY: Yen trading tad lower ahead of Japan’s consumer inflation data
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.14% against the JPY and closed at 102.30, after data showed that new home sales in the US surged to a 5-1/2 year high in January. In the … Continue reading
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USD/JPY: Japan recovering moderately and is getting on track to achieve its 2% inflation targets, says BoJ Governor, Haruhiko Kuroda
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.35% against the JPY and closed at 102.15. In the Asian session, at GMT0400, the pair is trading at 102.33, with the USD trading 0.18% higher from yesterday’s … Continue reading
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USD/JPY: BoJ should wait till summer data before deciding to increase stimulus, suggests Koichi Hamada
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 102.51. Yesterday, in Japan, Koichi Hamada, a key aide to Prime Minister, Shinzo Abe, suggested the Bank of Japan (BoJ) to … Continue reading
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USD/JPY: Japan reached only half-way on its path to 2% inflation target, says BoJ Governor, Kuroda
USDJPY Movement On Friday, the USD strengthened 0.31% against the JPY and closed at 102.64, benefited from the comments of the St. Louis Fed Chief, James Bullard, that the Fed would continue tapering its massive accommodative stimulus measure as the … Continue reading
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USD/JPY: BoJ’s accommodative policy need not end in two years, indicated BoJ’s minutes
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened marginally against the JPY and closed at 102.32. Yesterday, the Bank of Japan (BoJ) Board Member, Yoshihisa Morimoto, opined that, despite the soft external demand, he did not … Continue reading
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