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

For the 24 hours to 23:00 GMT, USD strengthened 0.02% against the JPY and closed at 81.02. In Japan, the current conditions index rose to a reading of 28.3 in April, following a reading of 27.7 recorded in the previous … Continue reading

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USD/JPY: Japanese yen trading lower this morning

For the 24 hours to 23:00 GMT, USD traded flat against the JPY and closed at 81.00. In Japan, today morning, the Bank of Japan reported that M2 money supply increased 2.7% annually to Â¥796.8 trillion in April, following the … Continue reading

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USD/JPY: Greenback trading lower in Asian session

For the 24 hours to 23:00 GMT, USD strengthened 0.83% against the JPY and closed at 81.00, aided by rising risk appetite following news from China and Europe. The Chinese trade surplus was more than four times larger than forecast … Continue reading

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USD/JPY: Trading flat this morning

For the 24 hours to 23:00 GMT, USD weakened 0.43% against the JPY and closed at 80.33. Yen strengthened against greenback on renewed speculation that Europe’s debt crisis would worsen. In the Asian session at 3:00GMT, the pair is trading … Continue reading

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USD/JPY: Trading higher in Asian session

For the 24 hours to 23:00 GMT, USD strengthened 0.46% against the JPY, on Friday, and closed at 80.69, on strong US economic data. The minutes from the latest Bank of Japan’s (BoJ) monetary policy committee meeting indicated that the … Continue reading

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USD/JPY: Surge in Yen raises intervention speculation, trading lower this morning

For the 24 hours to 23:00 GMT, USD weakened 0.39% against the JPY and closed at 80.32. The monetary base in Japan climbed 23.9% in April, following a 16.9% rise recorded in March. Separately, in an annual Asian Development Bank … 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 0.48% against the JPY and closed at 80.63, following release of weaker-than-expected employment data in the US and an unexpected fall in the US non-manufacturing PMI. In the US, Automatic Data … Continue reading

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USD/JPY: Yen continues to surge

For the 24 hours to 23:00 GMT, USD weakened 0.23% against the JPY and closed at 81.02, amid the concerns that the killing of Laden may lead to revenge attacks. In the US, new orders for the manufactured goods, on … Continue reading

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USD/JPY: Gopher zooming higher

For the 24 hours to 23:00 GMT, USD weakened 0.11% against the JPY and closed at 81.21. In the US, the seasonally adjusted construction spending, on an annual basis rose by 1.4% in March, compared to a revised 2.4% decline … Continue reading

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USD/JPY: Japanese Yen lower this morning, after a Friday surge led by speculation of intervention by the BoJ

For the 24 hours to 23:00 GMT, USD weakened 0.44% against the JPY and closed at 81.22. The Japanese Yen appreciated against the greenback on Friday, as speculation for a currency intervention resurfaced. Japan’s Ministry of Finance stated that the … Continue reading

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USD/JPY: Japanese Yen trading higher this morning

For the 24 hours to 23:00 GMT, USD weakened 0.79% against the JPY and closed at 81.58. In Japan, yesterday, the Bank of Japan (BoJ) held the benchmark interest rate at a range of zero to 0.1% and also kept … Continue reading

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