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.
August 04th, 2015 at 13:14
Right now, the euro is higher against the US dollar in Forex trading. However, the gains are relatively modest, and there is the possibility that the euro will sell off later this week if US data comes in strong. Expectations of a rate hike in the United States persist, and the euro is still struggling with the Greek crisis.
July 27th, 2015 at 16:55
The Japanese yen demonstrated mixed performance today. The currency gained on the US dollar, fell versus the euro and was flat against the Great Britain pound after rallying earlier.
July 24th, 2015 at 14:54
Today’s economic data released from Japan was very good, in contrast to reports released from other parts of the world. This allowed the Japanese yen to gain on its major peers.
July 15th, 2015 at 10:26
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.
The Japanese yen surged today, jumping more than 1 percent and reaching the highest level in seven weeks against the US dollar and the euro. The trading environment on the Forex market favors safer currencies, and so happens that the yen is one of such currencies.
June 26th, 2015 at 14:38
The Japanese yen fell during the current trading session as today’s data showed that nation’s inflation slowed. This means that the Bank of Japan may boost monetary stimulus to achieve its target 2 percent inflation.
June 24th, 2015 at 10:20
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.
June 19th, 2015 at 13:30
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.
June 18th, 2015 at 12:58
Japanese yen is heading higher against its major counterparts today, gaining ground as policymakers continue their two-day meeting.