USD/JPY: BoJ keeps its interest rate unchanged at 0.1%

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.27% against the JPY and closed at 98.47. In Japan, a report showed that the Nomura/ JMMA manufacturing PMI rose to a level of 54.2 in October, following … Continue reading

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USD/JPY: BoJ stimulus favourable for Japan’s economy, indicates IMF’s Jerry Schiff

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.59% against the JPY and closed at 98.21. Yesterday, the International Monetary Fund (IMF) Deputy Director for the Asia-Pacific Department, Jerry Schiff, applauded the positive impact of the … Continue reading

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USD/JPY: Yen trading higher ahead of domestic industrial production data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened marginally against the JPY and closed at 97.65. In the Asian session, at GMT0400, the pair is trading at 97.57, with the USD trading 0.08% lower from yesterday’s … Continue reading

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USD/JPY: BoJ committed to its unprecedented monetary easing, says Deputy Governor, Kikuo Iwata

USDJPY Movement On Friday, the USD weakened 0.06% against the JPY and closed at 97.35. In the Asian session, at GMT0400, the pair is trading at 97.60, with the USD trading 0.25% higher from Friday’s close. The Japanese Yen gave … Continue reading

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USD/JPY: Japan’s consumer price index surpassed market expectations for September

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 97.39. In the Asian session, at GMT0300, the pair is trading at 97.27, with the USD trading 0.13% lower from yesterday’s … Continue reading

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USD/JPY: Yen trading higher with Japan’s consumer inflation data in focus

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.70% against the JPY and closed at 97.45, on lingering speculation that a weakness in the US jobs market might compel the Fed to continue with its asset-purchase … Continue reading

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USD/JPY: Yen trading higher amid lack of major domestic economic releases

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 98.15, as a dismal US employment report strengthened the prospect for the Fed to continue with its asset purchase programme for … Continue reading

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USD/JPY: Yen trading lower amid lack of domestic economic data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.25% against the JPY and closed at 98.20. In economic news, a report from Japan showed that all industry activity in the nation rose 0.3% (MoM) in August, … Continue reading

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USD/JPY: BoJ Chief, Kuroda confident on achieving 2% inflation target

USDJPY Movement On Friday, the USD weakened 0.13% against the JPY and closed at 97.88, on bets that the Fed might delay its plans to start tapering its stimulus package until March 2014. Meanwhile, the Bank of Japan (BoJ) Governor, … Continue reading

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USD/JPY: Yen trading lower ahead of BoJ Governor’s speech

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.97% against the JPY and closed at 98.01, as two of the top Fed officials stated that they would not support the central bank in scaling back its … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.40% against the JPY and closed at 98.96, after the US lawmakers agreed on a debt ceiling deal, needed to reopen the government and save the country from … Continue reading

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