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

For the 24 hours to 23:00 GMT, USD strengthened 0.33% against the JPY and closed at 83.68. In the Asian session, at GMT0400, the pair is trading at 83.66, with the USD trading 0.02% lower from yesterday’s close. Data just … Continue reading

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USD/JPY: Trading between its MA

For the 24 hours to 23:00 GMT, USD weakened 0.13% against the JPY and closed at 83.41. In Japan, the department store sales declined 1.8% (YoY) in February, compared to a 3.1% drop in January. In the Asian session, at … Continue reading

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USD/JPY: Yen pulls back versus greenback this morning

For the 24 hours to 23:00 GMT on Friday, USD weakened 0.24% against the JPY and closed at 83.39. On the economic front, the Leading Index in Japan was revised down to a reading of 94.4 in January, following an … Continue reading

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USD/JPY: Yen continues to trade higher

For the 24 hours to 23:00 GMT, USD weakened 0.25% against the JPY and closed at 83.59. On the data front, In Japan, Tokyo Condominium Sales rose 13.0% (YoY) in February compared to a growth of 32.6% in January. In … Continue reading

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USD/JPY: Yen trading lower ahead of BoJ Monetary Policy Meeting Minutes

For the 24 hours to 23:00 GMT, USD strengthened 1.05% against the JPY and closed at 83.79. In economic news, on an annual basis, machine tool orders in Japan fell 8.6% in February, compared to the same fall recorded in … Continue reading

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USD/JPY: Greenback higher on Fed Economic Outlook

For the 24 hours to 23:00 GMT, USD strengthened 0.73% against the JPY and closed at 82.92, after the US Federal Reserve stated that unemployment was improving, while strong US retail sales data further supported the dollar. Moreover, the Federal … Continue reading

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USD/JPY: Bank of Japan keeps key overnight rate on hold

For the 24 hours to 23:00 GMT, USD weakened 0.23% against the JPY and closed at 82.32. In economic news, consumer confidence in Japan dropped to a reading of 39.5 in February, compared to a reading of 40.0 in January. … Continue reading

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USD/JPY: Yen trading higher after Japan core machine orders rebound in January

For the 24 hours to 23:00 GMT, USD strengthened 1.06% against the JPY on Friday, and closed at 82.42, after stronger-than-forecasted US employment data dampened expectations for a fresh round of monetary easing by the Federal Reserve. The US economy … Continue reading

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USD/JPY: Yen lower in the Asian Session on BoJ easing speculation

For the 24 hours to 23:00 GMT, USD strengthened 0.52% against the JPY and closed at 81.55. In economic news, current conditions index in Japan rose to 45.9 in February, while the outlook index rose to a 50.1 in February. … Continue reading

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USD/JPY: Yen trading lower after Japan’s current account deficit surges

For the 24 hours to 23:00 GMT, USD strengthened 0.47% against the JPY and closed at 81.13. In Japan, the leading index rose to 94.90 in January, while the coincident index fell to a reading of 93.1 in January. In … Continue reading

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USD/JPY: Yen cementing gains this morning ahead of GDP & trade balance data in Japan

For the 24 hours to 23:00 GMT, USD weakened 0.95% against the JPY and closed at 80.75. In the Asian session, at GMT0400, the pair is trading at 80.71, with the USD trading 0.04% lower from yesterday’s close. The pair … Continue reading

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