USD/JPY: Yen trading flat amid a lack of economic releases from Japan

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.99% against the JPY and closed at 100.22. Earlier on Thursday, Japan’s Ministry of Economy, Trade and Industry reported that industrial production in the nation rose 5.1% (YoY) … Continue reading

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USD/JPY: Downside risks to Japan’s recovery more than offset the upside risks, indicated BoJ’s Miyao

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.33% against the JPY and closed at 99.24, spooked by Fed Vice Chairman, Janet Yellen’s remarks that the US economy is performing far below its potential and that … Continue reading

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USD/JPY: Yen trading higher ahead of Japan’s GDP data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.43% against the JPY and closed at 99.59. In economic news, Japan’s consumer confidence index fell to a reading of 41.2 in October, defying analysts’ call for a … Continue reading

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USD/JPY: Yen trading lower

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 99.16, as investors cashed in their recent profits following Friday’s upbeat US non-farm payroll data. Meanwhile in Japan, the Cabinet Office … Continue reading

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USD/JPY: Yen pares its losses in the Asian trading hours

USDJPY Movement On Friday, the USD strengthened 0.88% against the JPY and closed at 99.04, buoyed by a strong growth in the domestic non-farm payrolls data. In the Asian session, at GMT0400, the pair is trading at 99.01, with the … 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 0.50% against the JPY and closed at 98.18. In economic news, Japan’s leading economic index rose to a reading of 109.5, more than analysts’ expectations for a rise … Continue reading

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USD/JPY: Yen snaps its losses in the Asian trading hours

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.19% against the JPY and closed at 98.66, ahead of Bank of Japan (BoJ)’s release of a monthly economic survey report, and amid speculations that the BoJ would … Continue reading

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USD/JPY: Japan’s annual CPI to improve gradually, indicated BoJ minutes

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.15% against the JPY and closed at 98.49, after San Francisco Fed President, John Williams suggested that the Fed should continue with its stimulus measures for a longer … Continue reading

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USD/JPY: Yen trading higher ahead of BoJ Governor, Kuroda’s speech

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.07% against the JPY and closed at 98.64, after two of the Fed’s top officials hinted that the central bank might continue the pace of its stimulus measures … Continue reading

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USD/JPY: Yen trading tad lower in a holiday thin trade

USDJPY Movement On Friday, the USD strengthened 0.43% against the JPY and closed at 98.76, buoyed by strong domestic ISM manufacturing PMI data and amid speculation that a strong recovery in the US labour market might lead the Fed to … Continue reading

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USD/JPY: BoJ Governor reveals three board members’ dissent in achieving 2% inflation target

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.12% against the JPY and closed at 98.35. The Japanese Yen gained ground against its US counterpart after the Bank of Japan (BoJ) upgraded its economic outlook for … Continue reading

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