Yen — News Archive


Yen Jitters After Final GDP Disappoints

The Japanese yen rose against the US dollar but fell against such currencies as the euro and the Great Britain pound today as Japan’s economic growth failed to meet economists’ expectations.

Yen’s Attempt to Rally Fails amid Unimpressive Economic Reports

The Japanese yen attempted to rally at the start of the current trading session but has failed and is trading below the opening level against its major rivals as of now. Economic data released over the trading session was better-than-expected but that did not make it actually good.

Yen Mixed as Deflation Persists

The Japanese yen was mixed today, falling against some currencies and rising versus others (though still touching multi-month lows intraday). Fundamentals were not supportive for the currency as economic data showed that deflation persists despite efforts of policy makers.

Yen Soft Despite Improving Trade Balance

The Japanese yen fell today even though economic data showed a bigger-than-expected increase of the Japan’s trade balance surplus. The losses were limited, though, and the currency even managed to keep its ground versus the US dollar, against which the yen has fallen during the previous two sessions.

Yen Falls, Ignoring Positive GDP Report

Today’s data showed that Japan’s economy grew faster than was expected, but the Japanese yen hardly paid any attention to the positive report. The currency was down against all of its major counterparts, falling to the lowest level since June versus the US dollar.

Yen Recovers as Impact of US Elections Fades

The Japanese yen traded either flat or higher against its major peers today as markets moved past the US elections and started to look at other fundamentals. Today’s economic reports released from Japan were not good per se, but at least they were within expectations, thus did not hurt the currency much.

Yen Flat After Bunch of Economic Reports from Japan

The Japanese yen was flat against most of its major rivals during the current trading session after a bunch of macroeconomic data was released from Japan today.

Yen Flat After Kuroda Talks About Stimulus Again

The Japanese yen was little changed today after Haruhiko Kuroda, Bank of Japan Governor, talked yet again about possibility of additional monetary easing. The currency even managed to gain on the US dollar.

Japanese Yen Falls as Kuroda Talks About Easing Yet Again

The Japanese yen weakened today against the majority of its most-trade peers (with the exception of the euro) after Bank of Japan Governor Haruhiko Kuroda reiterated yet again that the central bank is ready to implement additional monetary easing if necessary.

Yen Recovers After Dropping on Kuroda’s Comments

The Japanese yen slipped during the current trading session Haruhiko Kuroda, Bank of Japan Governor, pushed back date for reaching the target inflation level. The has currency managed to recover after the initial drop and trades near the opening level as of now.