For the 24 hours to 23:00 GMT, USD strengthened 0.41% against the JPY and closed at 79.61. The Yen fell after the International Monetary Fund (IMF) stated that the Yen is “moderately overvalued” and there was a chance of further … Continue reading →

For the 24 hours to 23:00 GMT, USD weakened 0.27% against the JPY and closed at 79.29. The Yen rose, after consumer confidence index in Japan rose to the highest level in 15 months in May. Meanwhile, machine tool orders … Continue reading →

For the 24 hours to 23:00 GMT on Friday, USD weakened 0.34% against the JPY and closed at 79.40. According to the Eco Watchers’ survey, current conditions index in Japan declined to a reading of 47.2 in May, while outlook … Continue reading →

For the 24 hours to 23:00 GMT, USD strengthened 0.38% against the JPY and closed at 79.66, after Federal Reserve Chairman, Ben Bernanke, refrained from signaling additional steps the central bank might take to spur growth, during congressional testimony. In … Continue reading →

For the 24 hours to 23:00 GMT, USD strengthened 0.78% against the JPY and closed at 79.36. In the US, Federal Reserve in its Beige book economic survey stated that the US economy grew moderately in most regions of the … Continue reading →

For the 24 hours to 23:00 GMT, USD strengthened 0.46% against the JPY and closed at 78.75, following stronger-than-expected US services data. The Institute for Supply Management (ISM) reported that its non-manufacturing index in the US rose to a reading … Continue reading →

For the 24 hours to 23:00 GMT, USD weakened 0.91% against the JPY and closed at 78.37. The Yen advanced after housing starts in Japan surged 10.3% (YoY) in April, compared to a 5.0% rise in March. Additionally, construction orders … Continue reading →

For the 24 hours to 23:00 GMT, USD weakened 0.51% against the JPY and closed at 79.09, after the release of weak housing data in the US. The National Association of Realtors (NAR) reported that its pending home sales index … Continue reading →

For the 24 hours to 23:00 GMT, USD weakened 0.09% against the JPY and closed at 79.50. In economic news, in Japan, Nomura/ JMMA manufacturing purchasing manager index stood at 50.7 in May, unchanged from the reading of April. Additionally … Continue reading →

For the 24 hours to 23:00 GMT, USD weakened 0.05% against the JPY and closed at 79.58. In the Asian session, at GMT0300, the pair is trading at 79.44, with the USD trading 0.17% lower from yesterday’s close. Data released … Continue reading →

For the 24 hours to 23:00 GMT on Friday, USD strengthened 0.07% against the JPY and closed at 79.62, on stronger-than-expected consumer sentiment data in the US. In the US, the Thomson Reuters/University of Michigan’s consumer sentiment index rose to … Continue reading →