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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.51% against the JPY and closed at 101.70, after two eminent Fed policymakers hinted their support for a continuation in scaling back the central bank’s stimulus measures. In … Continue reading

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USD/JPY: “Japan moving towards achieving its 2% inflation target”, indicates BoJ Governor

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.03% against the JPY and closed at 101.19, hurt by a more-than-expected drop in the US ISM manufacturing PMI data for January. In the Asian session, at GMT0400, … Continue reading

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USD/JPY: Yen trading marginally lower in the morning

USDJPY Movement On Friday, the USD weakened 0.38% against the JPY and closed at 102.34. The Japanese Yen gained ground against the US Dollar, after a report showed that housing starts in Japan advanced 18.0% (YoY) in December, far above … Continue reading

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USD/JPY: Japanese consumer prices rose at sharpest rate in over five years in December

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.43% against the JPY and closed at 102.73, as Fed’s decision to taper its bond purchases continued to boost the greenback. In the Asian session, at GMT0400, the … Continue reading

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USD/JPY: Yen trading between its MA’s

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.93% against the JPY and closed at 102.29. In the Asian session, at GMT0400, the pair is trading at 102.49, with the USD trading 0.2% higher from yesterday’s … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.58% against the JPY and closed at 103.26, despite an unexpected slump in US durable goods orders in December. The greenback extended its profits after the consumer confidence … Continue reading

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USD/JPY: Yen reverses its losses this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.55% against the JPY and closed at 102.67. The demand for the greenback continued to be underpinned as expectations for more stimulus cuts at the upcoming Federal Open … Continue reading

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USD/JPY: No need for more stimulus, BoJ minutes

USDJPY Movement On Friday, the USD weakened 0.93% against the JPY and closed at 102.43. In the Asian session, at GMT0400, the pair is trading at 102.40, with the USD trading marginally lower from yesterday’s close. Today morning, the Bank … Continue reading

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USD/JPY: Japan to take more than 2 years to achieve BoJ’s 2% inflation goal, says IMF’s Naoyuki Shinohara

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.21% against the JPY and closed at 103.39, after data revealed an increase in the US jobless claims for last week and after a report showed that activities … Continue reading

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USD/JPY: BoJ Governor, Kuroda dismisses the need for additional easing measure

For the 24 hours to 23:00 GMT, the USD strengthened 0.41% against the JPY and closed at 104.66. In Japan, the Bank of Japan (BoJ) Governor, Haruhiko Kuroda, dismissed the need for an additional monetary easing measure, as according to … Continue reading

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USD/JPY: BoJ keeps its interest rate unchanged at a record-low 0.1% at its January policy meeting

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 104.24. In the Asian session, at GMT0400, the pair is trading at 104.21, with the USD trading slightly lower from yesterday’s … Continue reading

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