Yen — News Archive

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Yen Remains Powerhouse, Reaching Multi-Year Highs

The Japanese yen remains a powerhouse on the Forex market, continuing to rise higher and higher. The currency was trading near the highest level since October 2014 versus the US dollar and close to the strongest rate since October 2013 against the Great Britain pound.

Japanese Yen Remains Among Strongest Currencies

The Japanese yen remains one of the strongest currencies (if not the strongest) as risk aversion plagues the Forex market, increasing the attractiveness of the currency in its role of a safe haven.

Falling Crude Oil Fuels Rally of Japanese Yen

The Japanese yen rallied against most other major currencies today. Analysts explained the rally by risk aversion that followed the drop of crude oil prices.

Yen Unfazed by Sharp Drop of Japan’s Industrial Production

The Japanese yen was little changed today despite the sharp drop of industrial production that put the Bank of Japan under pressure to add even more stimulus for Japan’s struggling economy.

Yen Weaker After Release of Mixed Economic Indicators

The Japanese yen was weaker today after the release of mixed economic data from Japan.

Yen a Little Bit Weaker After Disappointing Inflation Report

The Japanese yen fell a little today. The reason for the losses was the inflation report that disappointed economists. The drop was minor due to thin holiday trading.

Japanese Yen Lower Against Rivals

The Japanese yen fell against its major rivals today after the Bank of Japan released the summary of opinions voiced on the last policy meeting.

Yen Rises After Bombing in Brussels

The Japanese yen rose as the series of explosions in Brussels led to a surge of demand for safety. So happens, the yen is one of the first choices investors usually take when they seek safe assets.

Yen Rallies After BoJ Makes No Move

The Japanese yen rallied today as the Bank of Japan decided to keep its monetary policy unchanged, a decision that had been widely anticipated.

Yen Higher on Safe Haven Demand, More Stimulus Could Come

Japanese yen is higher today, thanks in large part to safe haven demand. However, this may not last. The Bank of Japan is expected to continue stimulus in April.

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