The Japanese yen is losing against multiple currency pairs to start the trading week, prompted by Tokyo unveiling a massive $1 trillion stimulus package to curb the economic fallout from COVID-19. While Japan has refused to institute a nationwide lockdown, Prime Minister Shinzo Abe declared a state of emergency to prevent coronavirus infections – domestic cases have topped 4,000. Can the world’s third-largest economy come out of the public health […]
The United States dollar versus the Japanese yen currency pair seems to be delaying further advancement towards the south. Is this really a delay or the bulls took control?
The Japanese yen is strengthening against different currency competitors midweek, buoyed by a plethora of economic data and outlooks that came in much better than initially anticipated. With the federal government set to unveil a comprehensive stimulus package to rescue the world’s third-largest economy from the fallout of the coronavirus pandemic, the yen’s safe-haven appeal may stay intact.
The Australian dollar versus the Japanese Yen currency pair is being given a test by the 67.03 level.
The Japanese yen is gaining against its biggest currency competitors to kick off the trading week as the nation braces for details surrounding the government’s “boldest-ever” stimulus package. Japan’s economic situation had been bearish prior to the coronavirus pandemic, but the outbreak has negatively affected the world’s third-largest economy. With the Tokyo Olympic Games postponed until the end of July, it is unclear how Japan can avoid slipping into […]
The Japanese yen was trading either flat or higher against its most-traded rivals today as the coronavirus pandemic continued to spread across the world, causing panic and expectations of a global economic recession.
The US dollar versus the Japanese yen currency pair stalled around the 112.00 psychological level. Is this only a correction?
The Swiss franc is slumping on Tuesday as the central bank continues to intervene in foreign exchange markets and control the value of the currency. Despite being a conventional safe-haven asset for global investors, the franc’s appeal might diminish as the nation potentially slips into a recession.
The Australian dollar versus the Japanese yen currency pair may be heading towards the north. Is this just a bearish opportunity to get better shorting prices?
The US dollar versus the Japanese yen currency pair recovered almost the entire depreciation. Will the appreciation continue?
