Japanese yen is weaker today, losing ground as the G8 seems to approve the stimulus measures taken on by Japanese policymakers in an attempt to stimulate the economy. As a result, the yen is weakening today, dropping against its major counterparts.
Yen — News Archive
June 15th, 2013 at 12:09
The Japanese yen gained this week as policy makers disappointed those Forex market participants who counted on continuous aggressive easing from the Bank of Japan. It was the fourth consecutive weekly gain.
June 14th, 2013 at 23:45
The Japanese yen closed noticeably higher today as the minutes of the Bank of Japan meeting in May showed that some policy members suggested limiting the term for quantitative easing.
June 12th, 2013 at 11:42
The Japanese yen gave away some of its yesterday’s gains on speculations that the gains were too big. Additionally, there was an opinion that the Bank of Japan will add stimulus later, driving the currency down.
June 11th, 2013 at 14:49
Euro is trading mixed today as focus shifts from Asia to the eurozone, specifically Germany. There are a couple of key arguments coming before German courts, regarding ECB measures to shore up ailing eurozone countries, and many are interested to see how things are likely to play out.
June 11th, 2013 at 12:27
The Japanese yen jumped today after the Bank of Japan left its monetary policy unchanged, refraining from additional stimulus and disappointing traders who have counted on more accommodative policy.
June 10th, 2013 at 13:50
Japanese yen is losing ground today, dropping against its major counterparts, as stimulus efforts boost the Nikkei, but weaken the currency.
June 07th, 2013 at 14:23
US dollar is heading higher today following the most recent payrolls data. The result is adding a bit of confusion, though, since it muddies the water as to what might be next for the Federal Reserve.
June 07th, 2013 at 9:41
The Japanese yen gained today, advancing for the third straight session against the US dollar and the euro, as Japanese Finance Minister Taro Aso said that there is no immediate necessity to weaken the currency.
June 05th, 2013 at 17:54
The Japanese yen advanced today amid the risk aversion sentiment among Forex market participants and as Prime Minister Shinzo Abe did not mention additional stimulus measures.