USD/JPY: Yen advances after yesterday’s fall

For the 24 hours to 23:00 GMT, USD strengthened 0.31% against the JPY and closed at 81.09. In Japan, this morning, the industrial production, on monthly basis, rose by 5.7% in May from 1.6% increase in the previous month. In … Continue reading

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USD/JPY: Japanese Yen trading lower this morning

For the 24 hours to 23:00 GMT, USD strengthened 0.47% against the JPY and closed at 80.84. In Japan, this morning, the retail sales, on annual basis, declined by 1.3% in May following a 4.8% decline in the previous month. … Continue reading

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USD/JPY: Pair trading above its MA’s

For the 24 hours to 23:00 GMT, USD strengthened 0.05% against the JPY, on Friday, and closed at 80.48. In the Asian session at 3:00GMT, the pair is trading higher from Friday’s close at 23:00 GMT, by 0.29%, at 80.71. … Continue reading

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USD/JPY: Trading flat this morning

For the 24 hours to 23:00 GMT, USD strengthened 0.07% against the JPY and closed at 80.44. In Japan, yesterday, the Bank of Japan (BoJ) policymaker, Yoshihisa Morimoto, raised concerns over a slowing US economy and sovereign debt problems in … Continue reading

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USD/JPY: Dollar continues to gain, Ben Bernanke plays down QE3

For the 24 hours to 23:00 GMT, USD strengthened 0.15% against the JPY and closed at 80.38, after the release of the latest Fed decision on monetary policy. The Fed decided to keep the target range for the federal funds … Continue reading

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USD/JPY: Japanese yen trading flat

For the 24 hours to 23:00 GMT, USD traded marginally higher against the JPY and closed at 80.26. In Japan, yesterday, the all industry activity index, on monthly basis, rose by 1.5% in April following a 6.4% decline in the … Continue reading

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USD/JPY: Yen trading higher after yesterday’s fall

For the 24 hours to 23:00 GMT, USD strengthened 0.19% against the JPY and closed at 80.25, on poor Japanese trade data. In Japan, yesterday, the leading index fell to 96.2 in April from 96.4 in March. Meanwhile, the coincident … Continue reading

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USD/JPY: Japanese yen trading lower in Asian session

For the 24 hours to 23:00 GMT, USD weakened 0.71% against the JPY, on Friday, and closed at 80.03. The IMF reported that the Japanese economy is now seen shrinking by 0.7% this year compared to the 1.4 % expansion … Continue reading

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USD/JPY: BoJ minutes states additional easing may be required, Yen trading flat this morning

For the 24 hours to 23:00 GMT, USD weakened 0.32% against the JPY and closed at 80.60. In Japan, minutes from the Bank of Japan’s (BoJ) monetary policy meeting showed that the need for additional easing measures remains potentially strong. … Continue reading

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USD/JPY: Yen extends decline

For the 24 hours to 23:00 GMT, USD strengthened 0.41% against the JPY and closed at 80.86. The Bank of Japan, yesterday, indicated that the Japanese economy is showing some signs of growth, upgrading its assessment for the first time … Continue reading

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USD/JPY: Japanese yen trading higher this morning

For the 24 hours to 23:00 GMT, USD strengthened 0.46% against the JPY and closed at 80.53. The Bank of Japan board voted unanimously to maintain its unsecured overnight call loan rate target unchanged in a range of 0.0%-0.1%. The … Continue reading

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