USD/JPY: BoJ “ready to adjust monetary policy without hesitation”, says Governor, Haruhiko Kuroda

USDJPY Movement On Friday, the USD strengthened 0.16% against the JPY and closed at 102.47. In the Asian session, at GMT0400, the pair is trading at 102.35, with the USD trading 0.11% lower from Friday’s close. Early morning, the Bank … Continue reading

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USD/JPY: Japan’s consumer inflation rose to 1.1% in October

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.11% against the JPY and closed at 102.31. In the Asian session, at GMT0400, the pair is trading at 102.36, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/JPY: BoJ’s Sayuri Shirai suggests additional stimulus measure, should prices shift downside

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.95% against the JPY and closed at 102.21, as the latest batch of upbeat economic releases from the US boosted the demand for the US Dollar. Meanwhile, the … Continue reading

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USD/JPY: Yen trading lower in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.14% against the JPY and closed at 101.26, after a report showed that consumer confidence in the US economy unexpectedly declined in the month of November. In Japan, … Continue reading

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USD/JPY: Nation on track to meet 2% price-stability target, indicates BoJ’s minutes

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.11% against the JPY and closed at 101.38. In the Asian session, at GMT0400, the pair is trading at 101.48, with the USD trading 0.10% higher from yesterday’s … Continue reading

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USD/JPY: “Japan’s economy is projected to grow at a pace above its potential”, says BoJ Chief

USDJPY Movement On Friday, the USD weakened 0.07% against the JPY and closed at 101.23, as traders refrained from taking major bets in the US Dollar, amid lack of major economic releases from the US. In the Asian session, at … Continue reading

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USD/JPY: BoJ “would not hesitate” to take further measures to achieve its inflation target, says Kuroda

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 1.04% against the JPY and closed at 101.29. The Japanese Yen gave up ground against the USD, after the Bank of Japan (BoJ) Governor, Haruhiko Kuroda hinted the … Continue reading

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USD/JPY: BoJ maintains its ultra-loose monetary policy at its November policy meeting

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.07% against the JPY and closed at 100.25, after the minutes from the FOMC latest policy meeting highlighted policymakers’ willingness to slow down the pace of its stimulus … Continue reading

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USD/JPY: Japan’s merchandised trade deficit unexpectedly widened in October

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.31% against the JPY and closed at 100.17. The Japanese Yen declined against the US Dollar, as traders refrained from taking major bets ahead of the Bank of … Continue reading

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USD/JPY: Yen trading below its MA’s

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.49% against the JPY and closed at 99.88. In the Asian session, at GMT0400, the pair is trading at 99.85, with the USD trading slightly lower from yesterday’s … Continue reading

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USD/JPY: Japan should counter speculative moves in the currency market, says Japan’s Finance Minster

USDJPY Movement On Friday, the USD strengthened marginally against the JPY and closed at 100.26. The Japanese Yen declined against its US counterpart after Japan’s Finance Minister, Taro Aso, late Thursday, stated that “Japan must have tools to counter speculative … Continue reading

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