USD/JPY: Continues to trade higher in Asian session

For the 24 hours to 23:00 GMT, USD strengthened 0.10% against the JPY and closed at 82.74. In Japan, yesterday, GDP declined by 1.3% (Y-o-Y) in the fourth quarter of 2010. Additionally, domestic corporate goods prices in Japan rose by … Continue reading

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USD/JPY: Investors awaits GDP data in Japan

For the 24 hours to 23:00 GMT, USD strengthened 0.51% against the JPY and closed at 82.66. In Japan, today, BoJ Governor Masaaki Shirakawa stated that central banks shouldn’t too much focus on near-term inflation developments as it could damage … Continue reading

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USD/JPY: Trading flat on mixed bag of economic data in Japan

For the 24 hours to 23:00 GMT, USD weakened 0.09% against the JPY and closed at 82.24. In Japan, yesterday, the leading index improved for a third month to 101.9 in January, the highest level since August 2006, while the … Continue reading

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USD/JPY: JPY trending marginally higher

For the 24 hours to 23:00 GMT, USD weakened 0.09% against the JPY on Friday and closed at 82.28. In Japan, today, the Ministry of Finance (MOF) reported that, foreign exchange reserves dropped to $1.091 trillion at the end of … Continue reading

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USD/JPY: Trading marginally lower after witnessing gains yesterday

For the 24 hours to 23:00 GMT, USD strengthened 0.66% against the JPY and closed at 82.35. In the US, service sector activity increased to 59.7 in February, compared to 59.4 in January. In the Asian session at 4:00GMT, the … Continue reading

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USD/JPY: Trading flat; Capital spending rise in Japan lower than expected

For the 24 hours to 23:00 GMT, USD weakened 0.06% against the JPY and closed at 81.81. In a speech this morning, Bank of Japan board member, Tadao Noda, said that BoJ is ready to take “appropriate” policy action in … Continue reading

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USD/JPY: Dollar a tad higher, this morning

For the 24 hours to 23:00 GMT, USD strengthened 0.05% against the JPY and closed at 81.86. In Japan, yesterday, monetary base rose by 5.6% (Y-o-Y) in February 2011. In the Asian session at 4:00GMT, the pair is trading higher … Continue reading

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Yen declines after yesterday’s flat closing

For the 24 hours to 23:00 GMT, USD strengthened 0.07% against the JPY and closed at 81.82. In Japan, yesterday, overall household spending fell by 1.0% (Y-o-Y) over the year to January 2011, after falling by 3.3% through the year … Continue reading

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Continues to display low volatility, Japanese data disappoints

For the 24 hours to 23:00 GMT, USD weakened 0.21% against the JPY on Friday and closed at 81.76. In Japan, today morning releases, industrial production rose by 2.4% (M-o-M) in January 2011, following a revised 3.3% growth posted in … Continue reading

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Yen continuing to record gains

For the 24 hours to 23:00 GMT, USD weakened 0.71% against the JPY and closed at 81.93. In Japan, yesterday, core consumer price index (CPI) in Japan fell 0.2% in January, following a 0.4% decrease posted in December. Meanwhile, the … Continue reading

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Yen continues its upward journey

For the 24 hours to 23:00 GMT, USD weakened 0.30% against the JPY and closed at 82.52. In the Asian session at 4:00GMT, the pair is trading lower from the New York close, by 0.39%, at 82.20. The first short … Continue reading

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