Lately, the US was experiencing problems with keeping its upward momentum, but the greenback regained its strength during this week during which it was one of strongest currencies on the Forex market. The major reason for the strength was the minutes of the latest Federal Reserve’s policy minutes.
Bank of Japan — News Archive
April 10th, 2015 at 12:52
Japanese yen is retaining many of the gains it made earlier this week following a Bank of Japan announcement that indicates the asset buying program is likely to remain steady, rather than expand. With quantitative in place for European currencies, Japan has the upper hand for now.
April 08th, 2015 at 9:21
The Japanese yen rallied against the US dollar today after the Bank of Japan conducted its April policy meeting. The currency was unable to beat its other rivals.
March 19th, 2015 at 10:37
Japanese yen is gaining ground today, heading higher against European currencies following the latest export report, and ahead of the release of the Bank of Japan minutes from the latest meeting.
March 17th, 2015 at 11:40
The Japanese yen gained after the Bank of Japan kept its monetary policy unchanged at today’s meeting, judging that no additional monetary stimulus is required.
February 23rd, 2015 at 9:44
The Japanese yen was stable today after the release of the Bank of Japan monetary policy minutes. At the same time, the yen rallied together with other currencies against the euro.
February 19th, 2015 at 11:35
The latest news out of Japan shows a smaller than expected trade deficit for the month of January, thanks to more exports and lower oil and gas prices. However, the yen is still lower against its major counterparts, trading on concerns about economic recovery.
February 04th, 2015 at 11:18
Japanese yen is holding on to some of its earlier gains, remaining higher against some of its major counterparts. However, there is still talk from Japanese policymakers that have the effect of weighing on the yen a little bit.
January 21st, 2015 at 14:00
The Japanese yen climbed today after the Bank of Japan refrained from adding monetary stimulus during today’s policy meeting. The currency rose for the first time in four days against the US dollar, jumping as much as 1.2 percent. The yen also climbed 1.4 percent against the Great Britain pound.
The US dollar demonstrated exceptional performance in 2014. Can the greenback maintain its amazing rally in 2015 or correction is in order?