Category Archives: News
Yen Continues to Flirt with 100 Barrier
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
Yen Continues to Flirt with 100 Barrier
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
Fed Minutes Give Greenback a Boost
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
Fed Minutes Give Greenback a Boost
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
100.00 Yen Level Still Eluding Traders
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
Yen’s Broad Fall Seemingly Relentless
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
Yen Falls as BOJ Prepares for Easing
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
BOJ’s Aggressive Stance Surprises
The Japanese Yen fell hard and broadly on Thursday following the Bank of Japan’s announcement of new and aggressive easing measures which took market players by surprise by their extent. Continue reading
Investors Wary of Policy Decisions
Two of the world’s major central banks are poised to announce their monetary policy decisions later today and investors are wary of the respective currencies’ movement in the moments which will follow the news. Continue reading
Policy Meeting Outcomes Pressure Yen
The Japanese Yen edged lower against its main rival, the U.S. Dollar as investors await a monetary policy decision from the Bank of Japan which could result in the further weakening of the Japanese currency. Continue reading
