Bank of Japan — News Archive

Japanese Economic Data Detrimental to Yen

Today’s economic data was rather detrimental to the Japanese currency, showing a decline of Japan’s economy, and the yen fell against the US dollar and versus some other currencies as a result. At the same time, the yen gained on few major rivals, including the euro.

BOJ Expectations Point to Weak Yen

Expectations for more stimulus from the Bank of Japan are leading to more yen weakness today. With energy prices continuing to show weakness, BOJ policymakers are expected to keep attempting to stimulate the economy, and that means a lower yen.

Yen Weakens as Bank of Japan Revises Economic Forecast Down

The Japanese yen slipped today after the Bank of Japan concluded its policy meeting. While the central bank did not change its monetary policy, it revised economic projections for this year negatively.

Yen Higher vs. Dollar, Falls vs. Euro

The Japanese yen rose against the US dollar but fell versus the euro today. The Bank of Japan released minutes of its May meeting during the current session.

Yen Higher vs. Euro After BoJ Concludes Policy Meeting

The Japanese yen was flat versus the US dollar and gained on the euro after the Bank of Japan concluded its policy meeting followed by a press-conference.

Japanese Yen Heads Higher Against Other Majors

Japanese yen is heading higher against its major counterparts today, gaining ground as policymakers continue their two-day meeting.

Japanese Yen Soars After Kuroda’s Comments

The Japanese yen soared against the US dollar, climbing more than 1 percent, after the comments from central bank’s chief Haruhiko Kuroda. The yen performance against other currencies was not as impressive, though the Japanese currency still traded above the opening level.

Yen Weaker After Bank of Japan Minutes

The Japanese yen was weaker after the Bank of Japan policy minutes released earlier today. While the currency attempted to trim losses intraday, it resumed the decline as of now.

Yen Stronger After BoJ Makes No Move

The Japanese yen was stronger after a central bank’s policy meeting today as Japanese policy makers yet again decided to refrain from changing anything. The currency gained against the US dollar and the Great Britain pound, though it has trimmed gains versus the former as of now.

Japanese Yen Falls, Attempts to Bounce

The Japanese yen fell today as Japan’s producer prices dropped in April from a year ago, highlighting the problems that the central bank has in its battle with deflation. The currency trimmed its gains against some majors and actually gained against the euro but maintained losses versus the US dollar.



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