USD/JPY: Yen trading lower in the Asian session, Japan CPI rose in April

For the 24 hours to 23:00 GMT, USD strengthened 0.08% against the JPY and closed at 79.56. The Bank of Japan (BoJ), in its monthly economic report, kept its overall assessment of the Japans’ economy unchanged in May but cited … Continue reading

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USD/JPY: Yen strengthens on BoJ inaction, trading flat this morning

For the 24 hours to 23:00 GMT, USD weakened 0.61% against the JPY and closed at 79.50. The Yen rose after Bank of Japan (BoJ) holdback on further stimulus. Yesterday, Japan’s central bank left interest rates unchanged, as expected, and … Continue reading

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USD/JPY: Yen plummeted as Fitch downgrades Japan; recoups losses after BoJ leaves policy unchanged

For the 24 hours to 23:00 GMT, USD strengthened 0.82% against the JPY and closed at 79.99. The Yen fell after Fitch Ratings downgraded Japan to ‘A+’ and issued a negative outlook on the country’s credit rating. On the economic … Continue reading

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USD/JPY: Yen extends losses on increasing speculation of BoJ easing

For the 24 hours to 23:00 GMT, USD strengthened 0.28% against the JPY and closed at 79.34. The Yen weakened amid speculation that Bank of Japan (BoJ) would add to stimulus measures this week to support growth and weaken the … Continue reading

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USD/JPY: Yen drifting lower this morning amid BoJ easing speculation

For the 24 hours to 23:00 GMT on Friday, USD weakened 0.45% against the JPY and closed at 79.03. The Yen advanced, after Japan’s government on Friday raised its economic assessment for the first time in nine months. In Japan, … Continue reading

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USD/JPY: Pair trading below its MA’s

For the 24 hours to 23:00 GMT, USD weakened 1.25% against the JPY and closed at 79.38, amid a stronger than expected Japanese industrial production data, coupled with the weaker- than-expected economic reports from the US. The Yen rose after … Continue reading

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USD/JPY: Yen gaining strength as Japan GDP jumps 4.1% surpassing expectation

For the 24 hours to 23:00 GMT, USD strengthened 0.19% against the JPY and closed at 80.38. In the Asian session, at GMT0300, the pair is trading at 80.30, with the USD trading 0.10% lower from yesterday’s close. The Yen … Continue reading

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USD/JPY: Yen trading lower after Japan machine orders declined in March; Japan GDP data awaited

For the 24 hours to 23:00 GMT, USD strengthened 0.46% against the JPY and closed at 80.23. On the economic front, consumer confidence index, in Japan, dropped slightly to a reading of 40.0 in April, from a reading of 40.3 … Continue reading

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USD/JPY: Yen trading flat, a series of Japan economic data awaited today

For the 24 hours to 23:00 GMT, USD weakened 0.11% against the JPY and closed at 79.87. In the Asian session, at GMT0300, the pair is trading at 79.87, with the USD trading flat from yesterday’s close. The pair is … Continue reading

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USD/JPY: Yen continues to lose steam in the Asian session

For the 24 hours to 23:00 GMT on Friday, USD strengthened 0.06% against the JPY and closed at 79.91. Over the weekend, Prime Minister, Yoshihiko Noda stated that the European debt crisis is the biggest risk for the Japanese economy, … Continue reading

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USD/JPY: Yen trading flat in the Asian session

For the 24 hours to 23:00 GMT, USD strengthened 0.24% against the JPY and closed at 79.86. In economic news, current conditions index dropped to a reading of 50.9, from 51.8 in March. However, the outlook index rose to a … Continue reading

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