USD/JPY: Yen drifting lower in the Asian session

For the 24 hours to 23:00 GMT, USD weakened 0.25% against the JPY and closed at 79.67. In economic news, leading index in Japan rose to a reading of 96.6 in March, from 96.0 in February. Additionally, the coincident index … Continue reading

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

For the 24 hours to 23:00 GMT, USD flat against the JPY and closed at 79.87. In the US, the IBD and TIPP reported that the Economic Optimism Index declined to a reading of 48.5 in May, compared to a … Continue reading

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USD/JPY: Yen extended its losses against the US Dollar this morning

For the 24 hours to 23:00 GMT, USD strengthened 0.08% against the JPY and closed at 79.88. The minutes of the Bank of Japan’s policy meeting held on April 9 and 10 indicated that policymakers were of the view that … Continue reading

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USD/JPY: Japanese Yen trading higher this morning

  For the 24 hours to 23:00 GMT, USD strengthened 0.18% against the JPY and closed at 80.26. In the Asian session, at GMT0300, the pair is trading at 80.17, with the USD trading 0.11% lower from yesterday’s close. The … Continue reading

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USD/JPY: Japanese Yen trading lower this morning

  For the 24 hours to 23:00 GMT, USD weakened 0.06% against the JPY and closed at 80.11. In the US, the Automatic Data Processing, Inc. (ADP) reported that private sector employment increased by 119,000 jobs in April, following a … Continue reading

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USD/JPY: Trading flat this morning

  For the 24 hours to 23:00 GMT, USD strengthened 0.33% against the JPY and closed at 80.16, after reports showed a rise in US manufacturing activity. In the US, the Institute for Supply Management reported that manufacturing PMI rose … Continue reading

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USD/JPY: Greenback weakened amid poor US economic data

  For the 24 hours to 23:00 GMT, USD weakened 0.53% against the JPY and closed at 79.90, on poor US economic data. In the US, the Chicago Purchasing Managers’ Index fell to 56.2 in April, compared to 62.2 in … Continue reading

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USD/JPY: Yen continues to trade higher in Asian session

  For the 24 hours to 23:00 GMT, USD weakened 0.86% against the JPY, on Friday, and closed at 80.36. The Bank of Japan, on Friday, increased the size of its asset purchase program by about ¥5.0 trillion to ¥70 … Continue reading

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USD/JPY: BoJ decides to expand size of asset-purchase by ¥5 trillion

  For the 24 hours to 23:00 GMT, USD weakened 0.30% against the JPY and closed at 81.06. Today morning, the Bank of Japan (BoJ) decided to take additional easing steps by ramping up its purchases of government bonds and … Continue reading

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USD/JPY: Yen continue to trade higher this morning

  For the 24 hours to 23:00 GMT, USD weakened 0.04% against the JPY and closed at 81.31. On the economic front, small business sentiment in Japan came in at 47.6 in April, down from 48.7 a month ago. Additionally, … Continue reading

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USD/JPY: Yen declined on monetary easing hopes

  For the 24 hours to 23:00 GMT, USD strengthened 0.22% against the JPY and closed at 81.34. Yen traded lower against greenback, on speculation that Bank of Japan would resume monetary easing to weaken the currency. In the Asian … Continue reading

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