Nikkei — News Archive

    Archives

Yen Strong as Trade Wars Continue to Hurt Market Sentiment

The Japanese yen climbed against most major currencies today as the trade war between the United States and China continued to cause risk aversion on markets. Japan’s macroeconomic data was disappointing, but as it often happens, the currency paid little attention to domestic economic reports.

Japanese Yen Surges As Manufacturing Returns to Expansion

The Japanese yen is roaring against several of its major currency rivals on Tuesday, buoyed by positive manufacturing numbers. But the gains were slightly capped on concerns over the intensifying trade war between the world’s two largest economies and what their fallout might mean for Tokyo.

Positive Chinese Reports & Negative Domestic Data Send Japanese Yen Lower

The Japanese yen opened sharply lower and proceeded to fall against all other most-trade currencies, emerging as the weakest currency on the Forex market today. While the main reason for the drop was risk appetite caused by positive macroeconomic reports in China, domestic macroeconomic data did not do any good to the Japanese currency either.

Japanese Yen Gains, Ignoring Poor Domestic Data

The Japanese yen gained against its most-traded rivals today despite worse-than-expected domestic macroeconomic data.

Japanese Yen Retreats After Rallying Earlier, Undisturbed by Poor Data

The Japanese yen was among the strongest currencies on the Forex market today, though the currency has retreated by now. Poor domestic macroeconomic data had a limited impact on the currency.

Yen Trades Lower After Manufacturing Index Hits 29-Month Low

The Japanese yen was soft today after the manufacturing index hit the lowest level in almost two-and-half years.

Japanese Yen Declines Even as Inflation Beats Expectations

The Japanese yen fell today, demonstrating the weakest performance among the major currencies, despite the better-then-expected inflation report. Analysts blamed the risk-on market sentiment for the decline.

Yen Gains on Domestic Economic Reports, Market Sentiment

The Japanese yen gained against its major rivals today. While the currency has basically erased its gains versus the US dollar by now, it retained them versus other majors. Domestic macroeconomic reports released over the trading session were good, but the general risk-averse market sentiment likely played a bigger part in the yen’s rally.

Japanese Yen Gains on Majors Despite Positive Market Sentiment

While the Japanese yen was soft against commodity currencies today, it managed to gain on many other most-traded peers. That was surprising considering the risk-on market sentiment, which made safe currencies less attractive to traders.

Japanese Yen Falls on Sluggish Factory Activity, Flat Stocks

The Japanese yen is falling against the greenback midweek as preliminary data found manufacturing activity expanded at the slowest pace since 2016 in November, leaving investors doubtful of strong growth in the fourth quarter. The yen took another hit on forecasts that the Japanese stock market will end the year flat. There was good news for the Bank of Japan (BOJ), though.

Navigation

Menu