USD/JPY: Japanese unemployment rate rose unexpectedly this morning, Yen trading flat

For the 24 hours to 23:00 GMT, USD strengthened 0.26% against the JPY and closed at 76.93. Japan’s ruling Democratic Party of Japan party elected Finance Minister, Yoshihiko Noda as head of the party after the resignation of Prime Minister, … Continue reading

Posted in USD/JPY | Leave a comment

USD/JPY: Japanese Yen continues its northward journey, trading flat in Asian session

For the 24 hours to 23:00 GMT, USD weakened 0.99% against the JPY, on Friday, and closed at 76.66, after Federal Reserve Chief, Ben Bernanke stated that the Federal Open Market Committee would consider its options on monetary policy at … Continue reading

Posted in USD/JPY | Leave a comment

USD/JPY: Japanese Yen reverse previous session downfall despite curbing measures

For the 24 hours to 23:00 GMT, USD strengthened 0.56% against the JPY and closed at 77.43. Japan’s Consumer Price Index (CPI) in Japan advanced 0.2% (Y-o-Y) in July, whereas, the core CPI edged up 0.1% (Y-o-Y) in July, following … Continue reading

Posted in USD/JPY | Leave a comment

USD/JPY: Yen declines on Japan’s new $100 billion fund, trading higher this morning

For the 24 hours to 23:00 GMT, USD strengthened 0.33% against the JPY and closed at 77.00, after Japanese officials introduced a new $100 billion fund intended to curtail the currency’s persistent strength. In the US, on a seasonally adjusted … Continue reading

Posted in USD/JPY | Leave a comment

USD/JPY: Japanese yen continues to trade higher this morning; Japan debt rating cut to Aa3

For the 24 hours to 23:00 GMT, USD weakened 0.13% against the JPY and closed at 76.75. In the economic news, this morning, the corporate service price index in Japan declined 0.5% (Y-o-Y) in July, following a 0.8% decline in … Continue reading

Posted in USD/JPY | Leave a comment

USD/JPY: Yen trading higher in the Asian session

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 76.85, amid speculation that Japanese officials would intervene to curb gains, after Japanese Finance Minister Yoshihiko Noda stated that excessive movements in the yen … Continue reading

Posted in USD/JPY | Leave a comment

USD/JPY: Intervention talk keeps yen in check

For the 24 hours to 23:00 GMT, USD weakened 0.18% against the JPY, on Friday, and closed at 76.51. In Japan, on Friday, the all industry activity index rose 2.3% (M-o-M) in June following a 1.8% increase in the previous … Continue reading

Posted in USD/JPY | Leave a comment

USD/JPY: Japan’s Noda hints intervention, Yen trading higher in the Asian session

For the 24 hours to 23:00 GMT, USD strengthened 0.17% against the JPY and closed at 76.65, amid fears on intervention by Japanese authorities. Yesterday, Japan’s Finance Minister, Yoshihiko Noda stated that he would continue to monitor the foreign exchange … Continue reading

Posted in USD/JPY | Leave a comment

USD/JPY: Pair trading below its MA’s

For the 24 hours to 23:00 GMT, USD weakened 0.34% against the JPY and closed at 76.52. In Japan, this morning, the merchandise trade surplus rose to ¥72.48 billion in July, compared to a downwardly revised trade surplus of ¥68.6 … Continue reading

Posted in USD/JPY | Leave a comment

USD/JPY: Japanese Yen continues to trade higher

For the 24 hours to 23:00 GMT, USD weakened 0.10% against the JPY and closed at 76.78. In the Asian session at 3:00GMT, the pair is trading lower from yesterday’s close at 23:00 GMT, by 0.14%, at 76.67. The first … Continue reading

Posted in USD/JPY | Leave a comment

USD/JPY: Pair trading above its MA’s

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 76.86. In the US, Department of Treasury reported that the total net long-term TIC flows in the US fell to $3.7 billion in June, … Continue reading

Posted in USD/JPY | Leave a comment