USD/JPY — News Archive

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Japanese Yen Mixed on Trade, Inflation As Business Leaders Pessimistic

The Japanese yen is finishing the trading week mixed against several major currencies as trade and inflation data were in focus among investors. With new polls suggesting that the nation’s business leaders are bearish on the world’s third-largest economies, it is anyone’s guess as to whether Japan enters a recession or not. But the numbers are not pleasing to investors.

USDJPY Got Out of the Descending Trend and Tests 108.00

The United States dollar versus the Japanese yen currency pair extended its correction beyond the resistance line of the daily bearish channel.

Japanese Yen Rallies Despite Signs of Upcoming Monetary Easing from BoJ

The Japanese yen rose today despite a signal from the nation’s central bank that it may ease its already extremely accommodative monetary policy as soon as at October’s meeting. The currency likely got support from the market sentiment that was favorable to safe currencies.

US Dollar Mixed Ahead of Fed Decision

The US dollar was mixed during the past trading week, rising against some most-traded rivals but falling versus others. While the developments in the US-China relations were good, traders were reluctant to buy the greenback ahead of the upcoming Federal Reserve meeting.

Japanese Yen Falls Despite Better-than-Expected Domestic Data

Macroeconomic data released in Japan on Thursday was better than expected. But as usual, the Japanese yen paid more attention to the general market sentiment than to domestic reports. And the sentiment was not supportive of the Japanese currency. Currently, though, the yen managed to bounce against some of its rivals.

USD/JPY Rallying Towards 108.00

The US dollar versus the Japanese yen currency pair is still continuing the appreciation that began at the 105.00 psychological level. The question is: considering the determined way in which it advances, will the price simply pierce the strong resistance area at 108.00?

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.

Risk Appetite Makes US Dollar End Week Among Losers

The US dollar ended the past trading week among the weakest currencies on the Forex market, along with the Japanese yen and the Swiss franc, due to risk appetite among traders. Negative domestic employment data also hurt the greenback. Commodity currencies were the strongest.

Japanese Yen Firm Despite Risk Appetite, Comments from BoJ’s Kuroda

The Japanese yen gained against most major currencies on Friday. That is despite comments of the central bank’s chief and risk appetite on markets, which limited appeal of safe currencies.

Japanese Yen Weakens As Investors Easing BOJ to Prevent Recession

The Japanese yen is weakening midweek as new economic data is exacerbating recession fears. With some central bankers suggesting pre-emptive stimulus to prevent a contraction, investors are paying attention and think the world’s third-largest economy is heading for a steep contraction, even with a new trade agreement with the US later this month

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