USD/JPY: Yen plunges as Yoshihiko Noda proposes snap elections

  For the 24 hours to 23:00 GMT, the USD strengthened 0.93% against the JPY and closed at 80.20. The Yen came under pressure after Japan’s Prime Minister, Yoshihiko Noda, said he was set to dissolve parliament and hold a … Continue reading

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USD/JPY: Japanese Yen trading lower this morning

  For the 24 hours to 23:00 GMT, the USD weakened 0.18% against the JPY and closed at 79.46. On the economic front, Japanese industrial production fell 4.1% (MoM) in September, in line with preliminary estimate. Meanwhile, capacity utilization fell … Continue reading

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USD/JPY: Greenback trading lower against the Yen in the Asian session

  For the 24 hours to 23:00 GMT, the USD strengthened 0.18% against the JPY and closed at 79.61. Yesterday, Japan’s Economy Minister, Seiji Maehara stated that the negative effects on Japan’s economic growth from the ongoing territorial dispute with … Continue reading

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USD/JPY: BoJ would continue with monetary easing, indicates Masaaki Shirakawa

  For the 24 hours to 23:00 GMT on Friday, the USD ended flat against the JPY and closed at 79.49. On the economic front, the seasonally adjusted consumer confidence index in Japan declined to a reading of 39.7 in … Continue reading

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USD/JPY: Greenback trading higher this morning

  For the 24 hours to 23:00 GMT, the USD weakened 0.62% against the JPY and closed at 79.49. Yesterday, The International Monetary Fund urged the US policy-makers to quickly reach an agreement on a permanent fix to avoid automatic … Continue reading

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USD/JPY: Japan’s trade deficit narrowed in September

  For the 24 hours to 23:00 GMT, the USD weakened 0.38% against the JPY and closed at 79.98. Yesterday, the Fitch Ratings warned that the US triple-A credit rating might be downgraded next year if the White House and … Continue reading

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USD/JPY: Greenback trading lower against the Yen this morning

  For the 24 hours to 23:00 GMT, the USD strengthened 0.15% against the JPY and closed at 80.29, amid disappointing Japanese economic data. In Japan, the leading index declined to a reading of 91.7 in September, against the forecast … Continue reading

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USD/JPY: Greenback trading lower in the Asian session

  For the 24 hours to 23:00 GMT, the USD weakened 0.43% against the JPY and closed at 80.17. In the Asian session, at GMT0400, the pair is trading at 80.03, with the USD trading 0.16% lower from yesterday’s close. … Continue reading

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USD/JPY: Greenback trading higher this morning

For the 24 hours to 23:00 GMT on Friday, the USD strengthened 0.26% against the JPY and closed at 80.43, as a string of positive US economic data boosted demand for the greenback. In the Asian session, at GMT0400, the … Continue reading

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USD/JPY: Central bank would maintain powerful monetary easing, indicates BoJ Minutes

  For the 24 hours to 23:00 GMT, the USD strengthened 0.45% against the JPY and closed at 80.22. The Japan Automobile Dealers Association reported that automobile sales declined 9.0% (YoY) in October, following an 8.1% drop recorded in the … Continue reading

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USD/JPY: Greenback trading higher this morning

  For the 24 hours to 23:00 GMT, the USD strengthened 0.23% against the JPY and closed at 79.86. On an annual basis, Japanese wage earners’ total cash earnings was unchanged in September, from a downwardly revised 0.0% recorded in … Continue reading

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