USD/JPY: Expectations rises that Shinzo Abe will increase sales tax, cushion with more stimulus

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.58% against the JPY and closed at 98.39. In economic news, an official report showed that the housing starts in Japan stood at 8.8% (YoY) in August, failing … Continue reading

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

USDJPY Movement On Friday, the USD weakened 0.65% against the JPY and closed at 98.28, as tension over the US budget talks weighed on investors’ sentiments. In the Asian session, at GMT0300, the pair is trading at 97.99, with the … Continue reading

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USD/JPY: Japan’s consumer inflation surpasses market expectations in August

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.51% against the JPY and closed at 98.93, as an upbeat weekly US employment data strengthened the prospect of the Fed to taper its stimulus measures in its … Continue reading

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USD/JPY: Yen snaps its gains, with investors’ focus on domestic inflation data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.30% against the JPY and closed at 98.43. In the Asian session, at GMT0300, the pair is trading at 98.90, with the USD trading 0.48% higher from yesterday’s … Continue reading

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USD/JPY: Yen trading higher against the USD in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly weakened against the JPY and closed at 98.73. In the Asian session, at GMT0300, the pair is trading at 98.68, with the USD trading marginally lower from yesterday’s … Continue reading

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USD/JPY: Yen gave up ground against the greenback in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.56% against the JPY and closed at 98.74, as policymakers’ support for Fed’s stimulus decision, spooked investors confidence. The New York Fed President, William C. Dudley, in his … Continue reading

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USD/JPY: Yen trading higher in holiday thin trade

USDJPY Movement On Friday, the USD marginally weakened against the JPY and closed at 99.38. The Yen gained ground against the greenback, after the Bank of Japan (BoJ) Governor, Haruhiko Kuroda expressed optimism on achieving central bank’s inflation target. Earlier … Continue reading

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USD/JPY: Yen trading in the positive territory after Kuroda’s speech

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 1.24% against the JPY and closed at 99.40. The Yen came under pressure, after the Bank of Japan (BOJ) Chief, Haruhiko Kuroda, stated that the bank’s quantitative easing … Continue reading

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USD/JPY: BoJ Board Member warns of overseas risk to the Japanese economy

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.96% against the JPY and closed at 98.20, as the Fed policymakers, in its September policy meeting, refrained from tapering the size of its $85 billion monthly asset-purchase … Continue reading

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USD/JPY: Yen continues to trade lower 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 99.16. In the Asian session, at GMT0300, the pair is trading at 99.27, with the USD trading 0.11% higher from yesterday’s … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.08% against the JPY and closed at 99.10. In the Asian session, at GMT0300, the pair is trading at 99.29, with the USD trading 0.19% higher from yesterday’s … Continue reading

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