USD/JPY: Yen trading higher ahead of PMI data in Japan

For the 24 hours to 23:00 GMT on Friday, USD strengthened 0.31% against the JPY and closed at 78.49. In the US, the Thomson Reuters/University of Michigan consumer sentiment index edged up to 72.3 in July, from the mid-month reading … Continue reading

Posted in USD/JPY | Leave a comment

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

For the 24 hours to 23:00 GMT, USD strengthened 0.15% against the JPY and closed at 78.25. In the Asian session, at GMT0300, the pair is trading at 78.21, with the USD trading 0.05% lower from yesterday’s close. This morning, … Continue reading

Posted in USD/JPY | Leave a comment

USD/JPY: Japan raises economic assessment for April-June

For the 24 hours to 23:00 GMT, USD weakened marginally against the JPY and closed at 78.13. In the Asian session, at GMT0300, the pair is trading at 78.12, with the USD trading marginally lower from yesterday’s close. This morning, … Continue reading

Posted in USD/JPY | Leave a comment

USD/JPY: Japan registered surprise trade surplus in June

For the 24 hours to 23:00 GMT, USD weakened 0.17% against the JPY and closed at 78.16. In the Asian session, at GMT0300, the pair is trading at 78.14, with the USD trading 0.03% lower from yesterday’s close. This morning, … Continue reading

Posted in USD/JPY | Leave a comment

USD/JPY: Yen trading steady ahead of Japan trade balance data

For the 24 hours to 23:00 GMT, USD weakened 0.22% against the JPY and closed at 78.29. Yesterday, the Japanese government, in its monthly report published by the Cabinet Office, vowed to work “decisively” with the Bank of Japan to … Continue reading

Posted in USD/JPY | Leave a comment

USD/JPY: Yen holds on to Friday’s gains

For the 24 hours to 23:00 GMT on Friday, USD weakened 0.29% against the JPY and closed at 78.48. In the Asian session, at GMT0300, the pair is trading at 78.18, with the USD trading 0.38% lower from Friday’s close. … Continue reading

Posted in USD/JPY | Leave a comment

USD/JPY: Yen continues its rally in the Asian session

For the 24 hours to 23:00 GMT, USD weakened 0.08% against the JPY and closed at 78.71, after release of weak US economic data raised speculation that more stimulus may be coming from the Fed. In the US, home sales, … Continue reading

Posted in USD/JPY | Leave a comment

USD/JPY: Greenback slips on demand for Yen

For the 24 hours to 23:00 GMT, USD weakened 0.48% against the JPY and closed at 78.77, after investors, weary of interpreting Ben Bernanke’s reserved testimony before Congress, opted for the Yen. Federal Reserve (Fed) Chairman, Ben Bernanke concluded two … Continue reading

Posted in USD/JPY | Leave a comment

USD/JPY: Japanese economy showing signs of life, indicates BoJ minutes

For the 24 hours to 23:00 GMT, USD strengthened 0.42% against the JPY and closed at 79.15. In testimony to the US Senate, Federal Reserve Chairman, Ben Bernanke refrained from indicating whether the Fed would embark on a third round … Continue reading

Posted in USD/JPY | Leave a comment

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

For the 24 hours to 23:00 GMT, USD weakened 0.44% against the JPY and closed at 78.82, as weak US retail sales for June boosted hopes of further policy easing in the US. In the Asian session, at GMT0300, the … Continue reading

Posted in USD/JPY | Leave a comment

USD/JPY: Yen extends its gains in the Asian session

For the 24 hours to 23:00 GMT on Friday, USD weakened 0.14% against the JPY and closed at 79.21. The Bank of Japan stated that the economic activity has started to pick up moderately amid firm domestic demand, with public … Continue reading

Posted in USD/JPY | Leave a comment