Yen — News Archive

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Japanese Yen Unable to Profit from China’s Poor Data

The Japanese yen was among losers on the Forex market today, failing to capitalize on poor economic data released from China over the weekend.

Yen Soft as BoJ Continues to Signal About Easing

The Japanese yen was soft today as the Bank of Japan continued to send signals about possibility of additional monetary easing.

Japanese Yen Slips on Potential for Intervention

Japanese yen is mostly lower today, thanks in large part to the fact that an intervention from the government could be a possibility. Yen is lower against its major counterparts today.

Yen Backs Off from Multi-Year Highs

The Japanese yen backed off today following the last week’s strong rally but not before touching the highest level in a year and a half against the US dollar and the strongest rate in three years versus the euro.

Japanese Yen Jumps as BOJ Stays the Course

Japanese yen is gaining ground against its major counterparts after the Bank of Japan surprised markets by keeping its benchmark rate the same, and staying the course on the current stimulus package.

Japanese Yen Gains Ahead of BOJ Meeting

Japanese yen is heading higher today, gaining ground ahead of an upcoming Bank of Japan meeting. There is a bit of uncertainty about what’s next for the Japanese economy, and what policymakers will do about it.

Yen Sinks amid Stimulus Speculations

The Japanese yen sank today amid speculations about possible monetary stimulus from the Bank of Japan. Japan’s economic data was not helpful to the currency as well.

Yen Mostly Rangebound as Traders Await Data

Japanese yen is mostly rangebound today as Forex traders wait for the latest data out of the United States. Yen has been reasonably strong recently and remains relatively strong as uncertainty continues in the market.

Yen Weaker After Crude Oil Bounces

The Japanese yen weakened today as the rally of crude oil prices and the subsequent appreciation of commodity currencies gave traders less incentive to stick to the safety of Japan’s currency.

Yen Rallies as Demand for Safety Returns

The Japanese yen rallied today as the continuing slide of crude oil prices and concerns about the Chinese economy made traders appreciate the safety of the currency yet again.

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