USD/JPY: Yen reverses its gains this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.38% against the JPY and closed at 102.89. However, the losses were limited after the greenback received a boost from upbeat US manufacturing data in November. In the … Continue reading

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USD/JPY: BoJ Q4 Tankan results positive

USDJPY Movement On Friday, the USD weakened 0.32% against the JPY and closed at 103.25. Data released during the weekend indicated that the Tankan large manufacturing index in Japan improved to a level of 16.0 in Q4 2013, from a … Continue reading

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USD/JPY: Japanese industrial production rose for the second straight month in October

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 1.02% against the JPY and closed at 103.58, after stronger-than-expected retail sales data in the US continued to drive tapering expectations in the nation. In the Asian session, … 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 weakened 0.24% against the JPY and closed at 102.55, amid lingering uncertainty over Fed’s pace of stimulus measures. In the Asian session, at GMT0400, the pair is trading at … Continue reading

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USD/JPY: Yen extends its gains in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.47% against the JPY and closed at 102.80. In economic news, a report showed that Japan’s machine tools orders rose 15.4% (YoY) in November, compared to an 8.4% … Continue reading

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USD/JPY: Consumer confidence in Japan rose less than market expectations for November

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.13% against the JPY and closed at 103.26, after three eminent Fed policymakers expressed their support for the central bank to slow down the pace of its stimulus … Continue reading

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USD/JPY: “Yen would rally to 100 per USD”, projects an ex-BoJ official, Tohru Sasaki

USDJPY Movement On Friday, the USD strengthened 1.15% against the JPY and closed at 102.90, after the US unemployment rate decline more-than-expected to 7.0%, bolstering bets for an early Fed tapering. During the weekend, the Bank of Japan (BoJ) Governor, … Continue reading

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USD/JPY: Yen trading lower in the Asian session, following yesterday’s gain

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.67% against the JPY and closed at 101.72. The greenback lost momentum, despite better-than-expected US GDP figure and a notable decline in claims for US unemployment benefits. In … Continue reading

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USD/JPY: Yen trading higher in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.06% against the JPY and closed at 102.38, after the ADP’s national employment report, private payrolls added 215,000 jobs in November, beating expectations of 170,000 new jobs and … Continue reading

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USD/JPY: BoJ’s Takehiro Sato downplays need for more easing

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.60% against the JPY and closed at 102.32. In the Asian session, at GMT0400, the pair is trading at 102.58, with the USD trading 0.26% higher from yesterday’s … 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 0.43% against the JPY and closed at 102.95, after the Institute for Supply Management reported that its PMI on the US manufacturing sector rose above market estimates to … Continue reading

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