USD/JPY: Japan’s economy showing signs of recovery, indicates BoJ’s economic survey

  On Friday, the USD strengthened 0.55% against the JPY and closed at 99.38. In economic news, Japan’s industrial production rose less than preliminary estimate in May, while capacity utilisation advanced at a higher pace in May. Meanwhile, the Bank … Continue reading

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USD/JPY: Yen trading lower this morning

  For the 24 hours to 23:00 GMT, the USD weakened 0.19% against the JPY and closed at 98.83. In the Asian session, at GMT0300, the pair is trading at 99.03, with the USD trading 0.20% higher from yesterday’s close. … Continue reading

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USD/JPY: BoJ keeps its key interest rate steady

  For the 24 hours to 23:00 GMT, the USD weakened 2.13% against the JPY and closed at 99.03, after the minutes from the Federal Reserve’s June policy meeting revealed that several Fed officials wanted to ensure a solid employment … 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 strengthened 0.24% against the JPY and closed at 101.18. Yesterday, machine tool orders in Japan retreated 12.4% (YoY) in June, faster compared to a 7.4% drop reported in the previous month. … Continue reading

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USD/JPY: Money supply in Japan rose in June

  For the 24 hours to 23:00 GMT, the USD weakened 0.54% against the JPY and closed at 100.94, as investors cashed in on the greenback’s previous session surge. Early yesterday, Japan’s Eco watchers survey index for the current economic … Continue reading

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USD/JPY: Japan’s current account surplus narrowed while trade deficit widened in May

  On Friday, the USD strengthened 0.93% against the JPY and closed at 101.18. In Japan, the preliminary leading economic index rose to a reading of 110.5 in May, while the coincident index advanced marginally to a reading of 105.9 … Continue reading

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USD/JPY: Yen trading tad lower in the Asian session

  For the 24 hours to 23:00 GMT, the USD strengthened 0.44% against the JPY and closed at 100.25. In the Asian session, at GMT0300, the pair is trading at 100.28, with the USD trading marginally higher from yesterday’s close. … Continue reading

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USD/JPY: Japanese economy to return to recovery path, indicates Kuroda

For the 24 hours to 23:00 GMT, the USD weakened 0.94% against the JPY and closed at 99.82, as political instability in Egypt and Portugal prompted investors to seek refuge in the yen. In the Asian session, at GMT0300, the … Continue reading

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USD/JPY: Yen breaches 100 per Dollar

  For the 24 hours to 23:00 GMT, the USD strengthened 1.16% against the JPY and closed at 100.78, following better-than-expected US factory orders data. In the Asian session, at GMT0300, the pair is trading at 100.73, with the USD … Continue reading

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USD/JPY: Yen nears 100 per Dollar

  For the 24 hours to 23:00 GMT, the USD strengthened 0.17% against the JPY and closed at 99.62. In the Asian session, at GMT0300, the pair is trading at 99.58, with the USD trading marginally lower from yesterday’s close. … Continue reading

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USD/JPY: Japan’s large manufacturers’ outlook turns positive, indicates BoJ Tankan survey

  On Friday, the USD strengthened 0.68% against the JPY and closed at 99.17. In Japan, the annual vehicle production declined 6.2% in May, while housing starts surged 14.5% (YoY) in May, way above the market expectations of a 6.1% … Continue reading

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