USD/JPY: Japanese yen continues surge, industrial output climbs 3.9% in June

For the 24 hours to 23:00 GMT, USD weakened 0.17% against the JPY and closed at 77.79. In Japan, this morning, the industrial production rose 3.9% (M-o-M) in June following a 6.2% rise in May. The unemployment rate came in … Continue reading

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USD/JPY: US debt crisis continues to fuel Japanese yen gains

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 77.92, as US lawmakers continue to haggle over how to raise the nation’s debt ceiling, leaving the US in danger of defaulting. In the … Continue reading

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USD/JPY: Dollar weakens against Yen on US deficit deadlock

For the 24 hours to 23:00 GMT, USD weakened 0.49% against the JPY and closed at 77.92, on concern that the US may default and face a reduction in its credit rating. The President, Barack Obama administration threatened a presidential … Continue reading

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USD/JPY: Yen trading higher this morning, BOJ Shirakawa warns of yen rise pain on Japan economy‎

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 78.30. Bank of Japan Governor, Masaaki Shirakawa stated yesterday that recent yen rises could hurt the country’s economic outlook by undermining exports and corporate … Continue reading

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USD/JPY: Yen trading stronger this morning, stalled US debt talks in focus

For the 24 hours to 23:00 GMT, USD strengthened marginally against the JPY, on Friday, and closed at 78.55. In Japan, in the Friday’s economic news, the supermarket sales, on annual basis, rose by 0.1% to ¥1.059 trillion in June, … Continue reading

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USD/JPY: Yen trading lower this morning

For the 24 hours to 23:00 GMT, USD weakened 0.34% against the JPY and closed at 78.52. In yesterday’s economic news, the all industry activity index in Japan rose by 2.0% (M-o-M) in May, following a downwardly revised 1.4% increase … Continue reading

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USD/JPY: Japanese Yen extends its gain in the Asian session

For the 24 hours to 23:00 GMT, USD weakened 0.43% against the JPY and closed at 78.79. The Bank of Japan (BoJ) Deputy Governor, Hirohide Yamaguchi has indicated that the BoJ would take appropriate policy actions in a flexible and … Continue reading

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USD/JPY: Greenback continues to trade higher this morning

For the 24 hours to 23:00 GMT, USD strengthened 0.08% against the JPY and closed at 79.13. Bank of Japan Deputy Governor, Hirohide Yamaguchi has stated that he is focusing on the negative impact a stronger yen could have on … Continue reading

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USD/JPY: Japanese Yen trading marginally higher this morning

For the 24 hours to 23:00 GMT, USD marginally weakened against the JPY and closed at 79.06. In the US, the net long-term assets bought by foreign investors fell to $23.6 billion in May, compared to a net purchase of … Continue reading

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

For the 24 hours to 23:00 GMT, USD weakened 0.11% against the JPY, on Friday, and closed at 79.05. In the US, the New York Federal Reserve reported that its general business conditions index rose to a reading of -3.8 … Continue reading

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USD/JPY: Yen trades flat this morning

For the 24 hours to 23:00 GMT, USD strengthened 0.23% against the JPY and closed at 79.14. In Japan, yesterday, the condominium sales, on annual basis, declined by 32.9% to 3,441 units in June, the first decline in two months. … Continue reading

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