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Japanese Yen Rises on Steady Economic Recovery Signals

The Japanese yen is rising modestly against its counterparts on Friday after new data suggests the country’s economic recovery is holding steady. But the International Monetary Fund (IMF) issued a report that urged Tokyo to take a breather and not declare victory just yet.

Japanese Yen Soft After Mixed Data Despite Risk Aversion

The Japanese yen was soft today despite mild risk aversion among Forex traders. Domestic macroeconomic data was mixed, providing no aid to the currency.

Japanese Yen Falls After Mixed Data, Risk Aversion Provides No Help

The Japanese yen was flat against the US dollar and fell versus other major currencies today despite the gloomy mood among investors as the trade war between the United States and China was ready to start. As for Japan’s macroeconomic data released on Friday, it was mixed.

Japanese Yen Rallies After Stocks Sell-Off, Struggles to Keep Gains

The Japanese yen rallied today but struggled to keep gains, losing them against some rivals outright. The possible reason for the rally was a massive sell-off of global stocks. As for macroeconomic indicators released in Japan over the course of the trading session, they were mixed.

Japanese Yen Gets Support from Good Domestic Reports

The Japanese yen rose a bit against its major peers today thanks to the supportive macroeconomic reports released in Japan during the current trading session.

Japanese Yen Shows No Trend After Slew of Economic Reports

A range of macroeconomic reports were released in Japan today. Most of them were within expectations, giving no edge to the nation’s currency. Therefore, the Japanese yen showed no discernible trend during the current trading session, rising against some rivals and falling versus others.

Japanese Yen Rallies Despite Underwhelming Economic Reports

The Japanese yen rallied against its most-traded rivals today even though macroeconomic data released in Japan during the trading session was not particularly good for the most part. The possible reason for the currency’s gains was the slump of global stocks caused by signs that central banks around the world are planning to drop monetary stimulus.

Euro Attempts to Bounce Despite Disappointing Economic Reports

The euro is trading below the opening level against most of its major rivals currently, but is showing tendency to rebound and was actually able to erase losses versus the US dollar completely. The bounce seems to follow the release of eurozone macroeconomic data, but that in no way looks justified as the indicators were disappointing for the most part.

Japanese Yen Soft Following Economic Data & BoJ Meeting

The Japanese yen fell during the current trading session following the barrage of economic reports in Japan today and yesterday’s policy meeting of the Bank of Japan.

Yen Mixed After Set of Economic Reports from Japan

Economic data released from Japan over the current trading session was not particularly good. That did not prevent the Japanese yen from standing its ground against some currencies (like the US dollar and the Great Britain pound), even though it fell against others (like the euro and the Swiss franc).

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