USD/JPY — News Archive

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Dollar Soft amid Continuing Uncertainty About US Tax Reform

The US dollar was soft during the past trading week, falling against its major rivals, as markets continued to watch the developments in the US tax reform story.

Japanese Yen Gains Even as Economic Growth Slows

The Japanese yen gained today even as the country’s economic growth missed expectations. Some analysts argued, though, that the data was not entirely bad, and this may explain the currency’s gains.

Yen Flat-to-Lower After Kuroda’s Speech

The Japanese yen was stable against such currencies as the US dollar and the Great Britain pound today, but fell against such European majors like the euro and the Swiss franc.

US Dollar Posts Limited Gains as Week Starts

The US dollar was trading marginally higher against its major peers on Monday, though it logged more substantial gains versus the vulnerable Great Britain pound and was almost flat versus the euro.

Dollar Ends Uneventful Week Soft

The US dollar ended the uneventful week somewhat soft, falling against its major rivals. With absence of major economic releases, markets focused on the US tax bills.

Japanese Yen Falls After Kuroda’s Speech, Quickly Reverses Drop Later

The Japanese yen dropped sharply today after Bank of Japan Governor Haruhiko Kuroda signaled that the central bank is going to maintain monetary stimulus for the a long time. Yet the currency quickly reversed its movement, trimming losses against some currencies, while erasing them outright versus others.

US Dollar Remains Stable After Week of Important Events

The US dollar ended the week on a relatively strong footing considering how many important events happened during the past week’s trading, which could have hurt the currency.

US Dollar Falls Against Euro Ahead of New Federal Reserve Chair Announcement

The US dollar declined against the euro on Thursday as investors anticipated the announcement of the new Federal Reserve Chair. The greenback failed to climb despite positive data releases today, which showed strong nonfarm productivity and fewer applications for unemployment benefits.

Japanese Yen Weakens as Bank of Japan Maintains Stimulus Easing Stance

The Japanese yen weakened against other major currencies on Tuesday as the Bank of Japan kept its interest rates unchanged and maintained its position on stimulus easing. The nation’s central bank also updated its outlook for inflation in 2017 and 2018, while keeping the 2019 forecast without a change.

US Retreats amid Political Troubles, Fed Chair Uncertainty

The US dollar retreated today following the last week’s rally. Political issues in the United States overshadowed Monday’s positive macroeconomic data, sending the US currency down.

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