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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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USD/JPY: Yen down as Japan trade deficit widens to a record
For the 24 hours to 23:00 GMT, USD strengthened 0.85% against the JPY on Friday and closed at 79.54. The Japanese Yen came under pressure after Bank of Japan Governor, Masaaki Shirakawa stated that the central bank would keep monetary … Continue reading
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USD/JPY: Greenback edges up against Yen
For the 24 hours to 23:00 GMT, USD strengthened 0.59% against the JPY and closed at 78.87. In the US, jobless-benefit claims unexpectedly slid to a four-year low. Additionally, housing starts came in higher than expected in January, while Philadelphia-area … Continue reading
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USD/JPY: Yen trading higher, Awaits BoJ monetary policy meeting minutes
For the 24 hours to 23:00 GMT, USD weakened 0.04% against the JPY and closed at 78.40. Data released in Japan showed that the machine tool orders fell 6.9% (YoY) in January, compared to a 6.6% decline in December. In … Continue reading
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USD/JPY: Yen continues its downfall in the Asian session
For the 24 hours to 23:00 GMT, USD strengthened 1.27% against the JPY and closed at 78.44, after the Bank of Japan surprisingly expanded its asset purchase program by ¥10 trillion. In economic news, preliminary government report indicated that Japan’s … Continue reading
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USD/JPY: Yen trading lower after BoJ expands asset purchases by ¥10 trillion; kept interest rate target unchanged
For the 24 hours to 23:00 GMT, USD weakened 0.22% against the JPY and closed at 77.45. In economic news, the Gross domestic Product (GDP) fell 2.3% (YoY) in fourth quarter of 2011, compared to an upwardly revised 1.7% expansion … Continue reading
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USD/JPY: Japan’s GDP contracts 2.3% in Q4
On Friday, for the 24 hours to 23:00 GMT, USD weakened marginally against the JPY and closed at 77.64. Japanese Finance Minister, Jun Azumi stated that Japan would intervene in the foreign exchange market, if necessary, while keeping a close … Continue reading
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USD/JPY: Yen trading higher this morning after yesterday’s fall
For the 24 hours to 23:00 GMT, USD strengthened 0.76% against the JPY and closed at 77.65 after the US Department of Labor reported that the number of individuals filing for initial jobless benefits in the week ended 4 February … Continue reading
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USD/JPY: Yen fell on weak economic data from Japan
For the 24 hours to 23:00 GMT, USD strengthened 0.36% against the JPY and closed at 77.06. Yen declined after the Japanese Economic Watchers’ survey results showed that the Current Conditions Index declined to 44.1 in January, compared to 47.0 … Continue reading
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USD/JPY: Yen marches southwards this morning
For the 24 hours to 23:00 GMT, USD strengthened 0.29% against the JPY and closed at 76.79. In Japan, Leading Index climbed to 94.3 in December, while the Coincident Index edged up to 93.2 in December. Data released this morning … Continue reading
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USD/JPY: Yen trading lower ahead of trade balance data in Japan
For the 24 hours to 23:00 GMT, USD strengthened marginally against the JPY and closed at 76.56. This morning, Bank of Japan Governor, Masaaki Shirakawa stated that the central bank would continue to do its utmost to achieve sustained economic … Continue reading
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USD/JPY: Greenback gained on upbeat US jobs report
On Friday, for the 24 hours to 23:00 GMT, USD strengthened 0.49% against the JPY and closed at 76.56, after an unexpectedly strong US jobs report showed American employers added 243,000 workers in January, following an upwardly revised 157,000 additional … Continue reading
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