USD/JPY: Dollar continues its downfall against Japanese Yen

For the 24 hours to 23:00 GMT, USD weakened 0.55% against the JPY and closed at 78.96. The Bank of Japan (BoJ) indicated that the economic activity in the country is ‘picking up’. The central bank expects the economy to … Continue reading

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USD/JPY: Pair trading flat

For the 24 hours to 23:00 GMT, USD weakened 1.15% against the JPY and closed at 79.40. In the Japanese economic news, the Bank of Japan Monetary Policy Statement, yesterday, announced that the board voted unanimously to keep the call … Continue reading

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

For the 24 hours to 23:00 GMT, USD weakened 0.41% against the JPY and closed at 80.32. Data released in Japan showed that the consumer confidence index climbed to 35.3 in June, from 34.2 in May. Also, the Japan Machine … Continue reading

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USD/JPY: Pair trading below its MA’s

For the 24 hours to 23:00 GMT, USD weakened 0.75% against the JPY, on Friday, and closed at 80.63. In Japan economic news on Friday, the current conditions index rose to 49.6 in June from 36.0 in May. The outlook … Continue reading

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USD/JPY: Japanese Yen trading flat this morning

For the 24 hours to 23:00 GMT, USD strengthened 0.36% against the JPY and closed at 81.24. In the Japan economic news this morning, the current account surplus, on annual basis, stood at ¥590.7 billion in May from ¥405.6 billion … Continue reading

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USD/JPY: Japanese Yen rises on new budget, trading lower this morning

For the 24 hours to 23:00 GMT, USD weakened 0.15% against the JPY and closed at 80.95. The Japanese yen made gains against the greenback on Wednesday, following a government approval of a new budget aimed at kick starting the … Continue reading

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USD/JPY: Pair trading below its MA’s

For the 24 hours to 23:00 GMT, USD strengthened 0.38% against the JPY and closed at 81.07. In the Asian session at 3:00GMT, the pair is trading lower from yesterday’s close at 23:00 GMT, by 0.30%, at 80.83. The first … Continue reading

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USD/JPY: Yen declines after yesterday’s rise

For the 24 hours to 23:00 GMT, USD weakened 0.10% against the JPY and closed at 80.76. The Bank of Japan (BoJ) raised its assessment for seven out of nine regional economies, citing signs of a pick-up against the background … Continue reading

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USD/JPY: Japanese Yen trading flat this morning

For the 24 hours to 23:00 GMT, USD strengthened 0.19% against the JPY, on Friday, and closed at 80.82. In Japan, this morning, the Japan automobile dealers association reported that the automobile sales, on an annual basis, declined by 23.3% … Continue reading

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USD/JPY: Japanese Yen rose on signs of economic recovery, trading flat this morning

For the 24 hours to 23:00 GMT, USD weakened 0.06% against the JPY and closed at 80.67. Japanese Yen rallied yesterday on signs of economic recovery in Japan, supported by better than expected housing starts data. In Japan, yesterday, the … Continue reading

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USD/JPY: Yen rides on rebounding industrial production, trading lower this morning

For the 24 hours to 23:00 GMT, USD weakened 0.46% against the JPY and closed at 80.72. Yesterday, the Japanese Yen found support in better than expected rebound in the country’s industrial production. In May, Japan’s industrial production grew by … Continue reading

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