USD/JPY: Pair trading flat this morning

For the 24 hours to 23:00 GMT, USD weakened 0.51% against the JPY, on Friday, and closed at 80.76. The greenback was under pressure on Friday as the US bond yields declined, while the economic data in the US dented … Continue reading

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USD/JPY: Yen continues to shine in Asian session

For the 24 hours to 23:00 GMT, USD weakened 0.89% against the JPY and closed at 81.27. Yen strengthened against the greenback, after a report showed the US economy has slowed, reducing the earnings outlook for Japanese exporters. In Japan, … Continue reading

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USD/JPY: Japanese Yen continues to trade lower

For the 24 hours to 23:00 GMT, USD weakened 0.11% against the JPY and closed at 82.00. The Bank of Japan Governor Masaaki Shirakawa, stated that the Japanese economy was already was showing signs of recovery from the March 11 … Continue reading

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USD/JPY: Showing convergence with its MA’s

For the 24 hours to 23:00 GMT, USD strengthened 0.21% against the JPY and closed at 82.09. The minutes of Bank of Japan’s (BoJ) latest meeting indicated that the sentiment on the BoJ’s board is for further credit easing and … Continue reading

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USD/JPY: Investors await pointers from the BoJ monetary policy meeting

For the 24 hours to 23:00 GMT, USD strengthened 0.31% against the JPY and closed at 81.92. In Japan, yesterday, the coincident index declined to 103.5 in March from 106.8 in the previous month. Additionally, the leading economic index declined … Continue reading

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USD/JPY: Greenback trading higher against Yen this morning, after the BOJ left rates unchanged

For the 24 hours to 23:00 GMT, USD traded flat against the JPY, on Friday, and closed at 81.71, as the Bank of Japan stated that the economy continues to face downward pressure as showed by the gross domestic product … Continue reading

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USD/JPY: Yen trading higher this morning

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 81.70, amid release of Japanese gross domestic product which showed that the economy sank more than projected. In Japan, yesterday, the capacity utilization declined … Continue reading

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USD/JPY: Yen rises in Asian session

For the 24 hours to 23:00 GMT, USD strengthened 0.18% against the JPY and closed at 81.69, on poor Japanese economic data. In Japan, today morning, on a sequential basis, the GDP contracted 0.9% in the first quarter of 2011 … Continue reading

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USD/JPY: Yen drops sharply; BoJ says economy in ‘Severe’ State

For the 24 hours to 23:00 GMT, USD strengthened 0.92% against the JPY and closed at 81.54, after the Bank of Japan Governor Masaaki Shirakawa stated that the economy is in a “very severe” state, fueling speculation of further easing … Continue reading

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USD/JPY: Greenback trading higher against yen this morning

For the 24 hours to 23:00 GMT, USD weakened 0.06% against the JPY and closed at 80.80. In the US, the Federal Reserve Bank of New York reported that its general business conditions index fell to a reading of 11.9 … Continue reading

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USDJPY: Yen trading higher this morning

For the 24 hours to 23:00 GMT, USD weakened 0.28% against the JPY, on Friday, and closed at 80.79. In Japan, on Sunday, the core machinery orders unexpectedly rose by 2.9% in March compared to 1.9% drop in February. In … Continue reading

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