Author Archives: info@dailyforex.com

Despite the unrelenting sell-off of the Japanese Yen, market players are still finding that the 100.00 Yen price level for the USD/JPY pair is elusive. Continue reading →

Despite the unrelenting sell-off of the Japanese Yen, market players are still finding that the 100.00 Yen price level for the USD/JPY pair is elusive. Continue reading →

The U.S. Dollar held close to a multi-year peak versus the Japanese Yen following the release of the most recent minutes of the U.S. Federal Reserve’s Federal Open Market Committee wherein the Fed indicated that there was the likelihood that the current open-ended asset purchases would be scaled back by year’s end. Continue reading →

The U.S. Dollar held close to a multi-year peak versus the Japanese Yen following the release of the most recent minutes of the U.S. Federal Reserve’s Federal Open Market Committee wherein the Fed indicated that there was the likelihood that the current open-ended asset purchases would be scaled back by year’s end. Continue reading →

The Japanese Yen held close to a multi-year low versus the greenback during Wednesday’s trading session though currency analysts expect that the Yen is likely to breach the 100.00 Yen barrier level in the near term given the new and aggressive direction that the Bank of Japan has promised to take. Continue reading →

The Japanese Yen edged broadly lower as investors found little reasons to hold onto the currency with the knowledge that the Bank of Japan intends to aggressively tackle the country’s deflationary status. Continue reading →

With a new and seemingly determined composition of its policy setting board, analysts believe that the Bank of Japan is likely to begin purchasing longer-dated sovereign bonds immediately, which resulted in the currency’s swift and broad fall during the Asian trading session. Continue reading →