USD/JPY: Yen trading lower this morning

For the 24 hours to 23:00 GMT, USD weakened 0.29% against the JPY and closed at 76.95, after the release of Federal Budget Balance data in the US. The US federal budget balance fell unexpectedly to a seasonally adjusted -134.2 … Continue reading

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USD/JPY: Yen extended its gain in the Asian session

For the 24 hours to 23:00 GMT, USD weakened 0.36% against the JPY and closed at 77.17. This morning, Japanese Finance Minister, Jun Azumi stated that Japan wants to closely watch the ongoing active discussions in Europe on how to … Continue reading

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USD/JPY: Yen trading higher in the Asian session

For the 24 hours to 23:00 GMT, USD strengthened 0.12% against the JPY, on Friday, and closed at 77.59. In Japan, on Friday, the seasonally adjusted Consumer Sentiment Index remained unchanged at a reading of 37.0 in August. Additionally, this … Continue reading

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USD/JPY: Yen trading flat after Japan Q2 GDP revised down to 0.5% ‎

For the 24 hours to 23:00 GMT, USD strengthened 0.23% against the JPY and closed at 77.50. In Japan, yesterday, the economic watchers outlook index dropped to a reading of 47.1 in August, following a reading of 48.5 posted in … Continue reading

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USD/JPY: Pair trading above its MA’s

For the 24 hours to 23:00 GMT, USD weakened 0.37% against the JPY and closed at 77.32. The Bank of Japan (BoJ) retained the uncollateralised overnight call rate at around 0.0%-0.1%. Additionally, the central bank left its credit and asset-purchasing … Continue reading

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USD/JPY: Bank of Japan holds rates near zero

For the 24 hours to 23:00 GMT, USD strengthened 0.91% against the JPY and closed at 77.61, amid speculation that Japanese authorities could also intervene, after the intervention of the Swiss National Bank. In economic news, Japanese foreign reserves rose … Continue reading

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USD/JPY: Yen reverses its previous session losses, trading higher in Asian session

For the 24 hours to 23:00 GMT, USD strengthened 0.07% against the JPY and closed at 76.91, following weak Japanese PMI data. Japan’s services Purchasing Managers Index (PMI) dropped to 44.3 in August, from 45.3 posted in July. In the … Continue reading

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USD/JPY: Japanese yen trading flat this morning

For the 24 hours to 23:00 GMT, USD weakened 0.05% against the JPY, on Friday, and closed at 76.80. On Sunday, Japan’s new Finance Minister, Jun Azumi stated that he would raise the issue of the strong yen at the … Continue reading

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USD/JPY: Greenback rallied on glimmer of hope for economy

For the 24 hours to 23:00 GMT, USD strengthened 0.12% against the JPY and closed at 76.84, as the greenback was buoyed by a positive Institute for Supply Management (ISM) manufacturing data. In economic news, the Institute for Supply Management … Continue reading

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USD/JPY: Greenback gains versus Japanese Yen

For the 24 hours to 23:00 GMT, USD strengthened 0.04% against the JPY and closed at 76.75, following better than anticipated US factory orders data. New orders for manufactured goods in the US climbed 2.4% (MoM) to $453.2 billion in … 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 0.27% against the JPY and closed at 76.72. In Japan, this morning, the industrial production rose 0.6% (M-o-M) in July, following a 3.8% rise in the previous month. The Shoko Chukin … Continue reading

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