USD/JPY: Yen rose as BoJ refrained from interest rate cut, trading flat this morning

For the 24 hours to 23:00 GMT, USD weakened 0.40% against the JPY and closed at 79.32. The Yen rose after Bank of Japan (BoJ) kept rates between zero and 0.1%, and offered up no major policy moves. Simultaneously, the … Continue reading

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USD/JPY: Yen trading higher ahead of BoJ interest rate decision

For the 24 hours to 23:00 GMT, USD strengthened 0.29% against the JPY and closed at 79.64. In the US, trade deficit narrowed to $48.7 billion in May, from $50.6 billion in April. Separately, MBA mortgage applications decreased 2.1% for … Continue reading

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USD/JPY: Yen trading higher

For the 24 hours to 23:00 GMT, USD strengthened 0.20% against the JPY and closed at 79.41. The Yen fell after the consumer confidence index in Japan fell to 40.4 in June, compared to 40.7 in May. In the Asian … Continue reading

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USD/JPY: Yen continues to strengthen

For the 24 hours to 23:00 GMT, USD weakened 0.10% against the JPY and closed at 79.57. In Japan, the Eco Watchers’ survey current conditions index declined to 43.8 in June, from 47.2 in May. Meanwhile, the outlook index fell … Continue reading

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USD/JPY: Yen trading lower amid poor economic data from Japan

For the 24 hours to 23:00 GMT on Friday, USD weakened 0.35% against the JPY and closed at 79.63. In Japan, the leading index rose to a reading of 95.9 in May, from a revised reading of 95.6 in April, … Continue reading

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USD/JPY: Witnessing flat trading in the Asian session

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 79.91. The Institute for Supply Management (ISM) reported that its Non-Manufacturing Index in the US fell to a reading of 52.1 in June, its … Continue reading

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USD/JPY: Greenback continues its gains against the Yen in the Asian session

For the 24 hours to 23:00 GMT, USD strengthened 0.11% against the JPY and closed at 79.92. In the Asian session, at GMT0300, the pair is trading at 79.97, with the USD trading 0.06% higher from yesterday’s close. The pair … Continue reading

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USD/JPY: Yen drifting lower in the Asian session

For the 24 hours to 23:00 GMT, USD strengthened 0.45% against the JPY and closed at 79.83. In economic news, factory orders in the US rose 0.7% (MoM) in May, surpassing market expectations for a 0.1% rise. In Japan, labor … Continue reading

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USD/JPY: Yen losing ground this morning versus the Greenback

For the 24 hours to 23:00 GMT, USD weakened 0.51% against the JPY and closed at 79.47. Yesterday, the Bank of Japan (BoJ) Deputy Governor, Hirohide Yamaguchi stated that sharp rises in the Yen due to Europe’s debt woes could … Continue reading

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USD/JPY: Yen gaining strength against the US Dollar this morning

For the 24 hours to 23:00 GMT on Friday, USD strengthened 0.74 % against the JPY and closed at 79.96. The Yen came under pressure after housing starts in Japan grew at a slower pace of 9.3% (YoY) in May, … Continue reading

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USD/JPY: Yen continues to gain against the Greenback

For the 24 hours to 23:00 GMT, USD weakened 0.43% against the JPY and closed at 79.37. The Yen rose against greenback, amid speculation that Japanese companies would repatriate their overseas earnings ahead of the completion of the second quarter. … Continue reading

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