USD/JPY: Pair trading between moving averages

  For the 24 hours to 23:00 GMT, the USD strengthened 0.97% against the JPY and closed at 98.13. In the Asian session, at GMT0300, the pair is trading at 98.00, with the USD trading 0.14% lower from yesterday’s close. … Continue reading

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USD/JPY: Yen continues to trade lower in the Asian session

  For the 24 hours to 23:00 GMT, the USD jumped 1.20% against the JPY and closed at 97.21. In Japan, industrial production dropped 3.1% (MoM) in June, compared to a 1.9% rise recorded in the previous month. Additionally, capacity … Continue reading

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USD/JPY: Yen trading lower as Japanese GDP data disappoints

On Friday, the USD weakened 0.46% against the JPY and closed at 96.33. In the Asian session, at GMT0300, the pair is trading at 96.57, with the USD trading 0.25% higher from Friday’s close. The yen is trading under pressure, … Continue reading

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USD/JPY: Yen paring yesterday’s losses, trading higher in the Asian session

  For the 24 hours to 23:00 GMT, the USD ticked up 0.20% against the JPY and closed at 96.76. Yesterday, the Bank of Japan (BoJ) decided to keep interest rates and pace of asset purchases unchanged for July. Following … Continue reading

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USD/JPY: Bank of Japan maintain its monetary stimulus

  For the 24 hours to 23:00 GMT, the USD weakened 0.80% against the JPY and closed at 96.57. In the Asian session, at GMT0300, the pair is trading at 96.74, with the USD trading 0.18% higher from yesterday’s close. … Continue reading

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USD/JPY: Yen trading higher in the Asian session

  For the 24 hours to 23:00 GMT, the USD weakened 0.92% against the JPY and closed at 97.35. In economic news, the leading index in Japan declined to a reading of 107.0 in June from 110.7 in May. Additionally, … Continue reading

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USD/JPY: Yen continues to trade higher this morning

  For the 24 hours to 23:00 GMT, the USD weakened 0.69% against the JPY and closed at 98.25. In the Asian session, at GMT0300, the pair is trading at 98.13, with the USD trading 0.12% lower from yesterday’s close. … Continue reading

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USD/JPY: Yen trading higher ahead of the BoJ monthly economic survey data

On Friday, the USD weakened 0.53% against the JPY and closed at 98.91, as disappointing US nonfarm payrolls data put forth an unclear picture of the strength of the nation’s job market recovery. In the Asian session, at GMT0300, the … Continue reading

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USD/JPY: Japan’s monetary base expands in July

For the 24 hours to 23:00 GMT, the USD strengthened 1.63% against the JPY and closed at 99.44, as demand for the dollar increased after data showed that US manufacturing purchasing managers’ index (PMI) grew to its highest level in … Continue reading

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USD/JPY: Yen trading lower in the Asian session

  For the 24 hours to 23:00 GMT, the USD weakened 0.17% against the JPY and closed at 97.85. In Japan, housing starts grew 15.3% (YoY) in June, faster than the 14.5% rise in May. Meanwhile, the construction orders rose … Continue reading

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USD/JPY: Yen showing convergence with MA’s

For the 24 hours to 23:00 GMT, the USD weakened slightly against the JPY and closed at 98.01. In Japan, the small business confidence index fell to a reading of 49.4 in July from a reading of 49.6 in June. … Continue reading

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