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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

USD/JPY Back on Track Towards 110.29

The US dollar versus the Japanese yen currency pair appreciated after the bulls managed to pull themselves together.

Japanese Yen Flat As Retail Sales, Foreign Bond Investment Fall

The Japanese yen is trading relatively flat on Thursday as investors try to cope with a diverse array of negative economic data that will add to fears of a recession. Falling retail sales and slumping foreign bond investment are dominating trading patterns, but analysts will keep an eye on upcoming jobs, housing, and industrial numbers.

Yen Soft on Risk Appetite & Mixed Data, Attempts to Recover

The Japanese yen was soft today as mild risk appetite on the Forex market limited demand for the currency in its role of a safe haven. But the yen has trimmed losses by now, even managing to gain on some of its rivals. Domestic macroeconomic data was mixed, but no outright negative indicators were released today.

Bulls Trying to Change Course on AUD/JPY at 73.93

The Australian dollar versus the Japanese yen currency pair seems to be at the boundary that separates the bullish and bearish territories.

Japanese Yen Falls on Mixed Leading Economic Indexes, IMF Forecast

The Japanese yen is falling against some of its major currency rivals to kick off the trading week. Key economic indexes drove the yen’s slide, which comes days after disappointing factory activity data. Since the federal government is expected to unleash stimulus measures, can Tokyo turn the ship around and prevent slipping into a recession?

Japanese Yen Strong After Economic Data Meets Expectations

The Japanese yen was generally strong today amid persisting concerns about the US-China trade negotiations. Macroeconomic data released in Japan over Friday’s session was in line with expectations.

USD/JPY Making Its Best to Withstand the Bearish Pressure Under 108.85

The US dollar versus the Japanese yen currency pair is in an appreciation phase, but the bears are doing everything in their power to stall further bullish advancement. From this battle, who will come out as victorious?

Japanese Macroeconomic Data Positive, Yen Erases Rally

The Japanese yen was rising intraday on the persisting concerns about the US-China trade talks. But currently, the yen has fallen against all other most-traded rivals. Domestic macroeconomic data could not be blamed for the fall as today’s report was rather good.

Japanese Yen Strong as Traders Skeptical About Sino-US Trade Deal

The Japanese yen rose against other major currencies today amid growing skepticism about chances for a trade deal between the United States and China. Japan’s trade balance failed to meet expectations but that had hardly any noticeable impact on the yen.

Is AUD/JPY Playing the Card in Its Sleeve?

The Australian dollar versus the Japanese yen currency pair seems to have been conquered by the bears. Is it so or is it just a mirage?

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