Forex News

The Japanese yen declined today versus the euro and the Great Britain pound on the speculation that the policy makers would take measures to prevent the currency appreciation, which may hurt the nation’s recovery base on the exports. The currency rose against the US dollar.

The Japanese currency fell today against the US dollar on the outlook that the Federal Reserve will introduce the additional stimulus, supporting the US economy. The yen also fell versus some higher-yielding currencies, including the Australian dollar, after the stocks rallied.

The Japanese yen strengthened today the stocks dropped and the number of the jobless claims in the US rose more than expected, driving the investors to seek the safety of Japan’s currency.

The Japanese yen went up to the highest level since November 2009 against the US dollar and advanced versus all other most traded currencies after the economic reports suggested that the US economy would require additional stimulus measures, spurring the risk aversion sentiment.

The Japanese yen rose today against the U.S. currency as the growing concern for the global recovery spurs the investors to seek safety, increasing the appeal of the Japanese currency.

The Japanese yen declined today against the U.S. dollar and the euro as the signs of the economic recovery in the U.S. prompted the investors to leave the safe currencies in favor of the higher-yielding ones.

The Japanese yen rose against its major counterparts today, following the bearish session yesterday, as the traders expect some rise in the risk averting sentiment among the market participants before fundamental releases, stress test results.

The Japanese yen rose today on the speculation that the Federal Reserve would keep the interest rates at current record low level as the U.S. economic growth shows signs of the slowdown.

The Japanese yen extended its losses today as the European and Asian equities rose, supporting the positive outlook for the global growth and decreasing the demand for the safe currencies.

The Japanese yen gained today as the renewed concerns for the global economic recovery draws the investors to the relative safety of the Japanese currency.