Category Archives: News

Yen Trend Reverses Again

Following the release of PMI data from China which was unexpectedly improved the Japanese Yen edged lower while the Australian Dollar moved higher. According to the preliminary HSBC PMI, factory sector growth surged to a level not seen in 2-years last … Continue reading

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Markets Disappointed with BOJ Proposal

As they have done so many times in the past, the Bank of Japan’s policy makers disappointed some bearish investors which resulted in the currency’s firming rather falling. Continue reading

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Investors Await BOJ Decision

On the eve of the Bank of Japan’s policy setting decision, the Japanese Yen’s recent selloff came to a screeching halt during the Asian trading session, as investors decide to wait and see if the central bank would follow through on what many analysts believe will be an aggressively loose monetary policy or if they will disappoint yet again. Continue reading

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Yen Pressure Relentless Ahead of BOJ

The Japanese Yen continues to be under heavy and widespread sell pressure as market players await the outcome of this week’s policy setting meeting by the Bank of Japan. Continue reading

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Yen Falls Ahead of Policy Meeting

In the wake of a huge selloff during the Asian trading session, the Japanese Yen held close to a 2 ½ year low versus the U.S. Dollar as market players too their positions ahead of whatever bold steps the Bank of Japan might be coerced into taking at their upcoming monetary policy meeting. Continue reading

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Yen’s Long Term Trend Intact

The U.S. Dollar edged lower for the third consecutive day against the Japanese Yen as one member of the Japanese government reiterated its warning that the Japanese economy could be unduly harmed by the Yen’s continued weakness. Continue reading

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Minister’s Comments Push Yen Higher

The Japanese Yen firmed against its major rivals as traders unwound their sell positions following comments made by Akira Amari, the Japanese Economics Minister, who said that the Yen’s excessive and prolonged weakness was likely to raise the price of imported goods and could hurt some people’s livelihoods. Continue reading

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Euro Broadly Higher on ECB Comments

During the Asian trading session, the U.S. Dollar held close to an 11-month trough versus the common currency Euro following comments made by Ben Bernanke who suggested that the ultra loose monetary policy was likely to be in place for many months to c… Continue reading

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Japanese Yen Continues Downtrend

The Japanese Yen struck a fresh multi-year low against the U.S. Dollar during the Asian trading session following the government’s call on the central bank to establish a new medium term inflationary target. Continue reading

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Dual Mandate Policy Proposal Sinks Yen

The Japanese Yen fell to a multi-year low against the U.S. Dollar during the Asian trading session following new comments made by the Prime Minister who indicated that the Japanese central bank should include the maximization of employment as one of it… Continue reading

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