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- Silver; White metal trading on a weaker footing this morning
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- USD/CAD: Loonie trading on a stronger footing this morning
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USD/JPY: Greenback continues its downward trend against the Yen
For the 24 hours to 23:00 GMT, USD weakened 0.47% against the JPY and closed at 82.39. In the US, the Institute for Supply Management (ISM) indicated that its non-manufacturing index dropped to a reading of 56.0 in March from … Continue reading
Posted in USD/JPY
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USD/JPY: Greenback gives up some gains against the Yen in the Asian session
For the 24 hours to 23:00 GMT, USD strengthened 0.74% against the JPY and closed at 82.77, after minutes from the latest US Federal Reserve’s policy meeting showed monetary officials held off from increasing monetary easing. In the US economic … Continue reading
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USD/JPY: Japan monetary base eases for the first time since August 2008; Pair trading lower this morning
For the 24 hours to 23:00 GMT, USD weakened 0.84% against the JPY and closed at 82.17. In the Asian session, at GMT0300, the pair is trading at 81.90, with the USD trading 0.32% lower from yesterday’s close. This morning, … Continue reading
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USD/JPY: Yen drifting lower after Bank of Japan’s Tankan report
For the 24 hours to 23:00 GMT on Friday, USD strengthened 0.55% against the JPY and closed at 82.86. Data released in Japan showed that the Markit/JMMA manufacturing Purchasing Managers’ Index (PMI) climbed to a reading of 51.1 in March, … Continue reading
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USD/JPY: Yen higher on positive economic data from Japan
For the 24 hours to 23:00 GMT, USD weakened 0.67% against the JPY and closed at 82.40, as speculation that Japanese companies are repatriating overseas earnings before fiscal year-end on March 31 boosted the Yen. Yesterday, rating agency, Fitch, lowered … Continue reading
Posted in Currencies, USD/JPY
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USD/JPY: Yen firms on year-end repatriation, upbeat retail sales data in Japan
For the 24 hours to 23:00 GMT, USD weakened 82.96% against the JPY and closed at 82.96. The Yen rose amid seasonal buying from Japanese exporters ahead of the end of their financial year. Additionally, weaker-than-expected US durable goods orders … Continue reading
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USD/JPY: Yen trading higher ahead of retail trade data in Japan
For the 24 hours to 23:00 GMT, USD strengthened 0.34% against the JPY and closed at 83.15.On the economic front, the small business confidence in Japan rose to a reading of 48.7 in March, compared to a reading of 45.3 … Continue reading
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USD/JPY: Greenback backpedals against the Yen in the Asian session
For the 24 hours to 23:00 GMT, USD strengthened 0.47% against the JPY and closed at 82.86. In the Asian session, at GMT0300, the pair is trading at 82.84, with the USD trading 0.03% lower from yesterday’s close. Data released … Continue reading
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USD/JPY: Yen backpedals in the Asian session
For the 24 hours to 23:00 GMT on Friday, USD weakened 0.27% against the JPY and closed at 82.39. Atlanta Federal Reserve (Fed) Bank President, Dennis Lockhart, has stated that the US economic recovery is gaining momentum, despite a weak … Continue reading
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USD/JPY: Yen gives up some gains in the Asian session
For the 24 hours to 23:00 GMT, USD weakened 1.01% against the JPY and closed at 82.62. The President of the Dallas Fed, Richard Fisher, has indicated that he will not support another round of quantitative easing as the economy … Continue reading
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USD/JPY: Yen surged this morning after Japan reported trade surplus
For the 24 hours to 23:00 GMT, USD weakened 0.27% against the JPY and closed at 83.46. In economic news, convenience store sales in Japan rose 4.8% (YoY) in February, compared to a rise of 1.7% in January. In the … Continue reading
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