Yen — News Archive

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.

Preparing for a Potential Euro Selloff

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.

Yen Mixed During Monday’s Trading

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.

Yen Gains as Japan’s Economic Data Beats Expectations

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.

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.

Japanese Yen Leaps on Safe Haven Bid

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.

Japanese Yen Weakens as Inflation Slows

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.

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.



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