Yen — News Archive

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 – Biggest Loser on Forex Market During Tuesday’s Trading

The Japanese yen was the weakest major currency during today’s trading session. The yen slid not only against other majors, like the US dollar, but against commodity currencies as well.

Yen Flat vs. Dollar After Trade Data, Gains on Euro

The Japanese yen was flat against the US dollar and gained on the euro after trade data from Japan had been released. Initially, the currency weakened against the greenback following the release but bounced later and is trading close to the opening level right 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 Remains Mostly Lower After Profit Reports

Japanese yen is holding steady today, remaining mostly weak against its major counterparts. Thanks to a weak yen, GDP and company profits in Japan are showing improvement.

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.

US Dollar Continues to Struggle After Disappointing Trade Data

US dollar continues to struggle today, thanks to yesterday’s release of disappointing trade data. Economic reports are dampening hopes for an interest rate hike from the Federal Reserve, and that is weighing on the greenback in Forex trading.

Japanese Yen Mostly Weaker as Traders Await Data

Japanese yen is mostly lower today as traders await data. The currency has been gaining against the US dollar, but those gains are now a little bit limited, and things could be turning around for the USD/JPY pair.

Yen Attempts to Rally vs. Dollar Despite Credit Rating Cut

Fitch Ratings downgraded Japan’s sovereign credit rating yesterday. Despite the negative news, the Japanese yen is trying to rally against the US dollar today. Against other major currencies, like the euro and the Great Britain pound, the yen is weak.

Japanese Yen Trades Mixed After BOJ Announcement

Japanese yen is trading mixed against its major counterparts today as Forex traders continue to process the Bank of Japan announcement from the end of last week. Yen is higher against European currencies, but lower against the US dollar.

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