USD/JPY: Doubts over monetary outlook lends helping hand to Yen

  For the 24 hours to 23:00 GMT, the USD strengthened 0.10% against the JPY and closed at 93.71. On the Japanese economic front, the leading economic index rose to a reading of 93.4 in December, following a downwardly revised … Continue reading

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USD/JPY: Yen gained as Taro Aso’s comments overshadowed BoJ minutes, trading tad lower this morning

  For the 24 hours to 23:00 GMT, the USD weakened 0.14% against the JPY and closed at 93.63. Yesterday, Standard & Poor’s (S&P) reaffirmed its long-term credit rating on Japan at “AA-” with a “Negative” outlook. It also stated … Continue reading

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USD/JPY: Yen sags after Japan escapes criticism from G20 nations, PM Abe’s comments

For the 24 hours to 23:00 GMT on Friday, the USD strengthened 0.63% against the JPY and closed at 93.53. On Friday, in its monthly report, the Bank of Japan (BoJ) indicated that the economy is likely to end further … 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 weakened 0.30% against the JPY and closed at 92.95. In the Asian session, at GMT0400, the pair is trading at 92.27, with the USD trading 0.74% lower from yesterday’s close. … Continue reading

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USD/JPY: BoJ keeps policy rate unchanged, Japanese GDP disappoints

  For the 24 hours to 23:00 GMT, the USD weakened 0.10% against the JPY and closed at 93.24. Yesterday, former Bank of Japan Deputy Governor, Kazumasa Iwata stated that the Yen is overvalued from a trade perspective and the … Continue reading

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USD/JPY: Yen rises on positive economic data in Japan

For the 24 hours to 23:00 GMT, the USD weakened 0.93% against the JPY and closed at 93.32. The Yen strengthened against the dollar after a G7 official stated that the group’s statement was misinterpreted and was intended to signal … Continue reading

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USD/JPY: Yen slipped on US Treasury official’s comment; trading higher this morning

  For the 24 hours to 23:00 GMT, the USD strengthened 1.76% against the JPY and closed at 94.19. The Japanese Yen eased after the US Treasury official, Lael Brainard offered his support towards Japan’s efforts to end deflation and … Continue reading

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USD/JPY: Yen’s weakening trend taking place too rapidly, indicated Taro Aso

  For the 24 hours to 23:00 GMT on Friday, the USD weakened 0.82% against the JPY and closed at 92.85. On Friday, Japanese Finance Minister Taro Aso stated that the yen’s sharp drop since November has been too fast. … Continue reading

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USD/JPY: Japanese trade deficit narrowed in December

  For the 24 hours to 23:00 GMT, the USD strengthened 0.18% against the JPY and closed at 93.61. In the Asian session, at GMT0400, the pair is trading at 93.49, with the USD trading 0.12% lower from yesterday’s close. … Continue reading

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USD/JPY: Machinery orders in Japan unexpectedly rise in December

  For the 24 hours to 23:00 GMT, the USD weakened 0.16% against the JPY and closed at 93.44. Yesterday, the Bank of Japan (BoJ) policy board member, Takehiro Sato stated that, the developments in exchange rate impact prices substantially, … Continue reading

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USD/JPY: Yen retreated amid expectations for further easing measures by the BoJ

  For the 24 hours to 23:00 GMT, the USD strengthened 1.54% against the JPY and closed at 93.59. The Yen weakened as the Governor Masaaki Shirakawa’s announcement that, he would resign from the Bank of Japan’s (BoJ) current post … Continue reading

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