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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: 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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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