Yen — News Archive

Yen Struggles to Gain with Help of Positively Revised GDP

The Japanese yen attempted to erase its initial drop and rally on the current trading session with help of the positively revised data about nation’s economic growth. Gains were limited, though, as Japan’s current account surplus was smaller than analysts have predicted.

Euro Gains Some Ground Against the US Dollar

Even with deflation worries increasing in the eurozone, the 18-nation currency is gaining some ground against the US dollar right now. US data is a bit disappointing, and that is giving euro a bit of an edge right now.

Yen Rises with Inflation, Has Troubles Keeping Gains

The Japanese yen rallied today as nation’s consumer inflation accelerated, reducing chances for additional stimulating measures from the central bank. The currency has troubles keeping gains, trimming its rally versus the US dollar and erasing it completely against the euro.

UK Pound Struggles a Bit

UK pound is struggling a bit right now. Some disappointing data is contributing to the situation, and, as a result, the pound’s strength is waning a bit.

Yen Jumps, Defying Analysts

The Japanese yen jumped today even though analysts speculated that the currency should fall because both technical and fundamental indicators provide no support for a rally.

Yen Drops as China’s PMI Comes Out Better than Expected

The Japanese yen retreated today as better-than-expected macroeconomic data from China convinced traders to drop their risk-negative attitude and buy high-beta currencies.

No Stimulus from BoJ, Yen Higher

The Japanese yen rallied today after the Bank of Japan left its monetary policy unchanged, refraining from adding monetary accommodation. Absence of stimulating measures is usually positive for a currency, and so it was in this case.

Yen Rallies as BoJ Starts Policy Meeting

The Japanese yen rallied against most major currencies on speculations that the nation’s central bank will refrain from adding monetary stimulus during the policy meeting that has started today.

Yen Starts Week Strong as Traders’ Sentiment Favors Safety

The Japanese yen started the week strong against other most-traded currencies as the market sentiment favored safer assets, making the yen a desirable currency to have. The currency trimmed its gains as of now but retained its strength.

US Dollar Falls Back After Chinese Data

US dollar is heading lower today, falling back after the latest Chinese data. Growth concerns in China are weighing on the markets, but that isn’t helping the greenback. Instead, the US dollar is lower almost across the board.

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