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Japanese Yen Flat Amid Slumping Household Spending, Yield-Curve Control

The Japanese yen is trading relatively flat against many of its major currency counterparts on Tuesday. The yen has been struggling to find direction so far this week as household spending data disappointed and investors try to weigh the central bank’s decision to embark upon a policy of yield-curve control. Although Japan was able to flatten the coronavirus curve, it has reported a renewed uptick in confirmed cases. Will the world’s third-largest […]

Yen Attempts to Rebound After Being Worst Performer on Friday

The Japanese yen was the worst performer on the Forex market today as the positive sentiment favored riskier currencies, not safer ones. Currently, though, the yen has trimmed its losses, even managing to gain on another safe-haven currency — the Swiss franc.

Japanese Yen Weakest on Forex After US-China Trade Talks

The Japanese yen was the weakest currency on the Forex market today after the market sentiment improved, limiting demand for the currency in its role as a safe haven. Traders felt more optimistic after the seemingly positive developments in the trade talks between the United States and China.

Japanese Yen Strong as Coronavirus Panic Persists

The Japanese yen was among the strongest currencies on the Forex market today, rising against almost all of its major peers, though not against the Swiss franc, another refuge currency, and the surprisingly strong New Zealand dollar. The worsening coronavirus pandemic was driving investors to safer assets, including the yen. Domestic macroeconomic reports were mixed, giving no reason for the currency to move in any particular direction.

Japanese Yen Soft as Market Sentiment Favors Risk

The Japanese yen was weak today as the market sentiment continued to favor riskier currencies, not safer ones. Domestic macroeconomic data provided the currency no help, coming out withing expectations and signaling about the persisting weakness of the Japanese economy.

Japanese Yen Rises After Mixed Macroeconomic Reports

The Japanese yen rose against the majority of most-traded currencies today, though failed to gain on the Australian and New Zealand dollars. One of the possible reasons for the rally were doubt about the chances of the United States and China reaching a trade deal before new US tariffs kick in on December 15. Japan’s macroeconomic data was mixed, giving the yen no additional support.

Japanese Yen Mixed on $120 Billion Stimulus Package, PMI Readings

The Japanese yen is trading mixed against major currency rivals on Thursday as reports suggest Tokyo is going to spend billions in stimulating the economy. Various purchasing managers’ index (PMI) readings improved last month, helping the yen this week. But bond investments held by citizens abroad fell for the second week in a row, though this was offset by another increase in stock holdings by foreign investors in Tokyo.

Japanese Yen Weakens on Machine Tool Orders, Capped by GDP Gain

The Japanese yen is weakening midweek against multiple major currencies, driven by a slump in September machine tool orders. But this was offset by a jump in gross domestic product. That said, there were other data that drove down the yen on Wednesday, increasing concerns of a full-blown recession, which would come as Tokyo raised the national sales tax.

Yen Soft After Macro Releases, Comments from BoJ Official

The Japanese yen was soft versus the majority of its most-traded peers today. Domestic macroeconomic data was mixed and Bank of Japan officials were sending somewhat confusing signals about monetary policy in the future.

Japanese Yen Soft, Domestic Data Doesn’t Help

The Japanese yen was largely soft today as market participants felt no need for safety provided by the currency. Domestic macroeconomic data did nothing to help the currency.

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