USD/JPY: Japan’s economy showing positive indications of improvement, indicates BoJ

  For the 24 hours to 23:00 GMT, the USD weakened 0.81% against the JPY and closed at 95.49. In its latest monthly economic survey, the Bank of Japan (BoJ) indicated that Japan’s economic outlook remains on the upside as … Continue reading

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USD/JPY: Yen gains as BoJ maintains its monetary policy; trading tad lower this morning

  For the 24 hours to 23:00 GMT, the USD weakened 2.67% against the JPY and closed at 96.26. The Yen staged a rally yesterday after the Bank of Japan (BoJ) kept its monetary policy unchanged and offered no new … Continue reading

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USD/JPY: BoJ maintains its key interest rate

  For the 24 hours to 23:00 GMT, the USD strengthened 0.54% against the JPY and closed at 98.90, after the Standard & Poor’s ratings agency upgraded the outlook for the US credit rating to ‘Stable’ from ‘Negative’, citing the … Continue reading

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USD/JPY: Japan’s economy expanded in the Q1 2013; yen trading lower this morning

  On Friday, the USD strengthened marginally against the JPY and closed at 97.43. In economic news, preliminary reading of Japan’s leading economic index rose to 99.30 in April while preliminary reading of coincident index advanced to 94.80 in April. … Continue reading

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USD/JPY: Yen moving higher on Taro Aso’s comments

  For the 24 hours to 23:00 GMT, the USD weakened 1.67% against the JPY and closed at 97.36. In the Asian session, at GMT0300, the pair is trading at 96.35, with the USD trading 1.04% lower from yesterday’s close. … Continue reading

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USD/JPY: Yen gained on Shinzo Abe’s comments

  For the 24 hours to 23:00 GMT, the USD weakened 1.27% against the JPY and closed at 99.02. Demand for the yen increased after the Japanese Prime Minister, Shinzo Abe, outlined growth strategy to rejuvenate the nation’s struggling economy. … Continue reading

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

  For the 24 hours to 23:00 GMT, the USD strengthened 0.54% against the JPY and closed at 100.27. In the Asian session, at GMT0300, the pair is trading at 100.01, with the USD trading 0.26% lower from yesterday’s close. … Continue reading

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USD/JPY: Japanese monetary base increases in May

  For the 24 hours to 23:00 GMT, the USD weakened 0.75% against the JPY and closed at 99.74. In the Asian session, at GMT0300, the pair is trading at 99.70, with the USD trading marginally lower from yesterday’s close. … Continue reading

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USD/JPY: Capital spending drops in Japan

  On Friday, the USD weakened 0.44% against the JPY and closed at 100.67. The first deputy managing director of the International Monetary Fund, David Lipton, stated that the yen’s current depreciation is not problematic if accompanied by fiscal and … Continue reading

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USD/JPY: Japan’s deflation persists, while industrial output improves in April

  For the 24 hours to 23:00 GMT, the USD strengthened 0.16% against the JPY and closed at 101.11. In the Asian session, at GMT0300, the pair is trading at 100.89, with the USD trading 0.22% lower from yesterday’s close. … Continue reading

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USD/JPY: Yen trading higher in the morning session

  For the 24 hours to 23:00 GMT, the USD weakened 1.52% against the JPY and closed at 100.96. In the Asian session, at GMT0300, the pair is trading at 100.94, with the USD trading marginally lower from yesterday’s close. … Continue reading

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