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The yen is the official currency of Japan. It was introduced in 1871 and allowed to freely float at 1973. The yen is the third major reserve currency after the dollar and the euro. The yen is considered a safe currency; therefore it is sought by traders in times of uncertainty and instability. Low interest rates in Japan (near zero), combined with high liquidity of the currency, make the yen used in the practice called carry trade.



Japanese Yen News Archive

Japanese Yen Slides As Leading Economic Indicators Weaken

The Japanese yen is tumbling toward the end of the trading week, driven by a decline in several leading economic indicators. With the yen experiencing spikes since Tokyo reached a trade agreement in principle with the US, officials say that they monitoring the currency “with a sense of urgency.” Investors were once again assured by the central bank that the world’s third-largest economy is not showing any signs of a recession.

Yen Soft After CPI Misses Expectations

The Japanese yen was rather soft today, falling against riskier commodity currencies as well as the US dollar. The yen managed, though, to hold ground versus the euro and to gain on some other European currencies, like the Great Britain pound and the Swiss franc. The miss of an inflation figure was one of the possible reasons for the yen’s weakness.

Japanese Yen Firm on PMI Figures, Cautious Market Sentiment

The Japanese yen was firm today as the market sentiment turned cautious. Some of domestic macroeconomic releases were also helpful to the currency.

Appreciations on USD/JPY Limited by 107.00

The US dollar versus the Japanese yen currency pair seems to met difficulties in its appreciation attempts, not being able to pass the 107.00 psychological level.

Japanese Yen Weakens as Leaders Finalize Partial US Trade Deal

The Japanese yen is weakening midweek after reports that Tokyo is set to finalize a partial trade agreement with the US. While this is bullish for the world’s third-largest economy, the yen is still reeling from the latest trade data that is boosting recession fears and might prompt the government to postpone its long-proposed national sales tax.

Positive Market Sentiment Hurts Appeal of Yen

The Japanese yen found a limited demand from investors today as they were in a relatively positive mood, reducing the appeal of safe currencies. Japan’s trade deficit widened but, as it often happens, domestic macroeconomic data had a small impact on the currency.

At 105.50 USD/JPY Takes a Pause from Descending

The US dollar versus the Japanese yen currency pair retraced shapely from the important support area of 105.50 and reached the previous resistance level of 106.92. There are several possibilities in the books for the upcoming time.

Japanese Yen Strengthens Despite Businesses Bearish on Economy

The Japanese yen is posting modest gains against most-traded currency rivals to start the trading week, despite various negative reports regarding the world’s third-largest economy. The latest research shows that the private sector is anticipating the economy to be flat or slip into a recession. With the US-China trade war lingering in the background and Tokyo set to be engaged in trade talks with Washington, economic growth is being threatened, and the central […]

Japanese Yen Gains on US-China Trade Conflict, Domestic Data

The Japanese yen gained today as risk aversion returned to markets after new developments in the US-China trade conflict. Domestic macroeconomic data was also supportive of the currency.

Japanese Yen Continues to Recover Against Majors

The Japanese yen gained against majors today, continuing to recover after the big drop on Tuesday. The yen performed a bit worse versus commodity currencies as the market sentiment stabilized after China’s better-than-expected trade report.

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