USD/JPY: Pair showing convergence with its MA’s

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 76.19. Bank of Japan Deputy Governor, Hirohide Yamaguchi has hinted that the Central Bank stands ready for additional easing measures in the event of … Continue reading

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

For the 24 hours to 23:00 GMT, USD weakened 0.15% against the JPY and closed at 76.19. This morning, Bank of Japan (BoJ) Governor, Masaaki Shirakawa stated that the BoJ and the Federal Reserve have similar policy goals as they … Continue reading

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USD/JPY: Yen strengthened on back of positive economic data from Japan

For the 24 hours to 23:00 GMT, USD weakened 0.09% against the JPY and closed at 76.30. Yen advanced after the Small Business Confidence Index in Japan climbed to 45.7 in January, from 45.6 in December. Meanwhile, housing starts in … Continue reading

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USD/JPY: Yen continues its gains this morning amid positive economic data from Japan

For the 24 hours to 23:00 GMT, USD weakened 0.51% against the JPY and closed at 76.37. In the Asian session, at GMT0400, the pair is trading at 76.24, with the USD trading 0.17% lower from yesterday’s close. In Japan, … Continue reading

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USD/JPY: Yen continues its northward journey

For the 24 hours to 23:00 GMT, USD weakened 1.00% against the JPY, on Friday, and closed at 76.70. In the Asian session, at GMT0400, the pair is trading at 76.67, with the USD trading 0.03% lower from Friday’s close. … Continue reading

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USD/JPY: Yen trading higher after release of positive economic data from Japan

For the 24 hours to 23:00 GMT, USD weakened 0.30% against the JPY and closed at 77.47. Data released this morning showed that retail sales in Japan rose 2.5% (YoY) to ¥13.049 trillion in December, following an upwardly revised 2.0% … Continue reading

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USD/JPY: Gopher trading between is MA’s

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 77.71. USD was pressurized after the Federal Reserve stated that it would keep interest rates exceptionally low for more than a year longer than … Continue reading

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USD/JPY: Yen extends losses after Japan posts its first annual trade deficit in 31 years

For the 24 hours to 23:00 GMT, JPY weakened 0.92% against the USD and closed at 77.69, after the Bank of Japan (BoJ) trimmed its economic growth forecasts through fiscal 2012, and keeping its interest-rate target unchanged. Bank of Japan … Continue reading

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USD/JPY: Yen trading lower this morning after BoJ cuts economic growth forecasts, keeps key rates unchanged

For the 24 hours to 23:00 GMT, USD strengthened 0.05% against the JPY and closed at 76.99. This morning, the Bank of Japan (BoJ) has retained its benchmark interest rate in the range of zero to 0.1%, as widely expected. … Continue reading

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USD/JPY: Yen losing ground this morning after Friday’s rise

For the 24 hours to 23:00 GMT, USD weakened 0.18% against the JPY on Friday and closed at 76.95. Data released in Japan showed that the Leading Index was revised higher to a reading of 93.2 in November, while the … Continue reading

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USD/JPY: Greenback trading flat after yesterday’s rise

For the 24 hours to 23:00 GMT, USD strengthened 0.38% against the JPY and closed at 77.08. The Japan Department Stores Association reported that the department store sales in Japan rose 0.8% (YoY) in December, compared to a 1.9% drop … Continue reading

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