Yen — News Archive

Japanese Yen Retains Gains as BOJ Keeps Asset Program Steady

Japanese yen is retaining many of the gains it made earlier this week following a Bank of Japan announcement that indicates the asset buying program is likely to remain steady, rather than expand. With quantitative in place for European currencies, Japan has the upper hand for now.

Yen Rallies vs. Dollar, Unable to Gain on Other Peers

The Japanese yen rallied against the US dollar today after the Bank of Japan conducted its April policy meeting. The currency was unable to beat its other rivals.

Yen Falls with Japan’s Industrial Production

Japan’s industrial production declined last month, resulting in a drop of the Japanese yen during the current trading session. The yen fell against the US dollar and even against the euro, though it fared better versus other currencies.

Positive Market Sentiment Results in Yen Sell-Off

The Japanese yen dropped today against its rivals as the market sentiment was improving. While the dollar traded sideways, other currencies rallied at the expense of the yen.

Japanese Yen Gains Ground After Export Report

Japanese yen is gaining ground today, heading higher against European currencies following the latest export report, and ahead of the release of the Bank of Japan minutes from the latest meeting.

No Additional Stimulus from BoJ Means Stronger Yen

The Japanese yen gained after the Bank of Japan kept its monetary policy unchanged at today’s meeting, judging that no additional monetary stimulus is required.

Yen Gains Against Major, Except for Dollar

The Japanese yen followed the US dollar in a rally ahead of next week’s monetary policy meeting of the Federal Reserve. The yen demonstrated gains against most other major currencies, with the obvious exception of the dollar against which the Japanese currency was flat.

UK Pound Trades Mostly Lower – But Higher Against Euro

UK pound is trading mostly lower today, but it is moving higher against the euro. Sterling is down against many of its major counterparts, but is gaining ground against the euro as concerns about Greece continue to weigh on the 19-nation currency.

Japanese Yen Reverses Friday’s Gains

The Japanese yen dropped today as it followed the US dollar in reversing Friday’s gains. Economic data from Japan was another reason for the currency to fall as indicators disappointed economists.

Yen Remains Extremely Weak but Gains on Euro

The Japanese yen was extremely weak today despite uncertainty about the policy decision of the European Central Bank. The currency dropped against the US dollar and was also falling versus the euro but bounced against the shared European currency after the ECB meeting.

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