(Bloomberg) — A gauge of Asian currencies slipped for a third session, kicking off a week that includes measures of inflation that may help guide bets on the outlook for global interest rates. The yen was steady after Japan’s top currency official ratcheted up intervention rhetoric. Most Read from Bloomberg An index for the region’s […]
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The final trading week of the first half of the year gets underway on Monday, with Asia’s scorecard looking reasonably positive from an equity perspective, mixed through a currency and bond lens, and more bleak from a Chinese market angle. Chinese […]
By Takaya Yamaguchi and Leika Kihara TOKYO (Reuters) – Japanese authorities are ready to take action against speculative and excessively volatile moves in the currency market that hurt the economy, the country’s top currency diplomat Masato Kanda said on Friday. “It’s not intended to change the market’s trend,” instead it was aimed at smoothing excessive […]
US Dollar vs Japanese Yen Technical Analysis The U.S. dollar has rallied a little bit during the early hours on Tuesday again, as we continue to see traders truly punish the Japanese yen for a lack of interest rates and swap coming from Japan. After all, you get paid to hang on to this pair. […]
FRANKFURT (Reuters) – The share of the euro in foreign exchange holdings tumbled last year at the expense of the dollar and the yen, and further drops are possible whenever Russia becomes free to reduce its own euro stockpile, a fresh report from the European Central Bank showed. The share of the euro among foreign […]
US Dollar vs Japanese Yen Technical Analysis It looks as if the market is content to simply sit here and that’s not a huge surprise considering there’s no real reason to be short of this market even if you don’t necessarily like buying it here. You get paid at the end of every day via […]
US Dollar vs Japanese Yen Weekly Technical Analysis The US dollar has rallied pretty significantly during the course of the trading week against the Japanese yen. We formed a hammer during the weekly candlestick of the previous week, so now it looks like it’s just simply a continuation play. After that intervention and a couple […]
US Dollar vs Japanese Yen Weekly Technical Analysis The US dollar has had a strong week against the Japanese yen yet again, despite the fact that we had that scary week, the previous one. After all, the Bank of Japan got involved and slammed this pair to the downside, but it’s worth noting that we […]
US Dollar vs Japanese Yen Technical Analysis You can see that the dollar continues to show massive amounts of strength against the Japanese currency as we are now well above the 155 yen level. Ultimately, this is a market that the interest rate differential will continue to cause major issues for the Bank of Japan […]
US Dollar vs Japanese Yen Technical Analysis The U.S. Dollar has rallied during the trading session on Monday after initially gapping lower against the Japanese yen. We have seen a complete turnaround and at this point in time, it is worth noting that there are a lot of traders that are going to be paying […]
US Dollar vs Japanese Yen Technical Analysis The US dollar has initially tried to rally against the Japanese yen during the trading session on Thursday, but quite frankly, I think we are going to continue to see more noise than anything else as the jobs number comes out on Friday. While I wouldn’t necessarily jump […]
NEW YORK (AP) — Some of the world’s wildest action in financial markets is roiling around the Japanese yen. The value of Japan’s currency has tumbled so much that for a moment on Monday it took 160 yen to equal $1. A few years ago, it took closer to 100 yen to make a U.S. […]