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Japanese Yen Stable, Gains on US Dollar

The Japanese yen was stable against other most-traded currencies today, even managing to gain on the US dollar, despite the generally positive market sentiment. Traders were more cautious than usual, though, due to the upcoming FOMC monetary policy announcement, resulting in quieter-than-usual trade.

Japanese Yen Weak on Friday, Strong Over Week

The Japanese yen was the weakest currency on the Forex market today but among the strongest for the week. With no unifying theme to drive markets, it is hard to pinpoint an exact reason for the currency’s poor performance, though some market analysts attributed it to the positive market sentiment that made the yen unnecessary in its role of a safe haven. As for Japan’s macroeconomic reports, they were not that bad but it hardly […]

Japanese Economic Data Mixed, Yen Recovers from Weakness

The Japanese yen was one of the weakest currencies on the Forex market today, second only to the US dollar. But currently, it has managed to recover, trading either flat of higher against most other currencies, remaining weak only against commodity ones. The relatively robust market sentiment made traders not interested in safety provided by the Japanese currency, preferring to seek riskier assets that can provide a higher yield. Domestic […]

Japanese Yen Gains as Trading Week Starts

The Japanese yen rallied at the start at the trading week, rising against almost all other most-traded currencies with the exception of the Australian dollar. Traders were cautious due to various negative factors such as the anticipation of a global economic slowdown, the conflict between the United States and China, and protests in the USA.

Japanese Yen Moves Lower After Exports Collapse

The Japanese yen opened sharply higher against its most-traded rivals today but immediately started to move lower and continued its decline after the release of a poor report on the Japanese trade balance.

Yen Gains on Commodity Currencies After Positive GDP Revision

The Japanese yen gained on commodity currencies but was trading flat against most major currencies, with the exception of the US dollar. Domestic macroeconomic data was decent, with the GDP figure getting a positive revision compared with the preliminary report.

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.

Japan’s Economic Growth Slows, Yen Retreats from Opening Levels

The Japanese yen opened above Friday’s close today, though by now the currency has retreated against most of its major rivals. Today’s macroeconomic data in Japan showed that economic growth slowed last quarter while other indicators missed expectations.

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.

Japanese Yen Loses Gains Despite Positive Domestic Fundamentals

For a while today, the Japanese yen was one of the strongest currencies on the Forex market, opening sharply higher against its rivals. But by now it has lost gains against all of its major peers despite the positive outlook for Japan’s economy. Domestic macroeconomic data was not especially good, though.

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