posted by
stephenie
1454 days ago
in USD, JPY, Daily
Good morning! Last night, a report from Japan shows demand grew for overseas assets among Japanese investors, adding to the growing sentiment that the recession is abating.
posted by
twilight
1454 days ago
in USD, JPY, Daily
The USD/JPY is making an encouraging move to the upside, running past our 1st tier downtrend line after Japan announced an asset deficit of roughly $6.61 billion.
posted by
fx360
1454 days ago
in USD, JPY, Daily
Stronger than expected U.S. data is adding to the downward pressure in the U.S. dollar. Durable goods rose 1.9 percent, the strongest rise since December 2007. This was an overwhelming good report with little underlying signs of weakness. The det
posted by
realtrade
1454 days ago
in JPY, CAD, Fundamental
Extending its Asian session gains, the Canadian dollar climbed to a new multi-month high against the Japanese yen during early European deals on Thursday. The loonie also showed strength against the US dollar and the European currency, while edge
posted by
busybee
1454 days ago
in USD, JPY, NZD
The dollar rallied to a 2-1/2 week high against a broadly weaker yen on Thursday as a spike in U.S. bond yields and Moody's affirming the United States' prized triple-A rating drew Japanese investors into overseas assets.
posted by
twilight
1454 days ago
in JPY, Fundamental, Retail Sales
Thursday in Asia, the yen tumbled against its major counterparts after a report showed that Japan's retail sales fell in April for an eighth-straight month, as household spending continued to flag amid the lingering recession.
posted by
MonteAmor
1455 days ago
in USD, JPY, Technical
Dollar/Yen made no significant movement yesterday. It seems that the currency couple is now in a consolidation.
posted by
topforexnews
1455 days ago
in JPY
After a rebound in the North American consumer confidence, Asian stocks rallied, decreasing demand for safer investments such as the Japanese yen.
posted by
strawberry
1455 days ago
in JPY, Fundamental, Consumer
The yen fell on Wednesday as an improvement in U.S. consumer confidence reinvigorated investor interest in betting on riskier assets, including currencies seen likely to benefit quickest from economic improvement.
posted by
babyblue
1456 days ago
in USD, JPY
The Bank of Japan board members suggested that there was no need for additional policy steps to combat the economic slowdown, minutes from the April 30 monetary policy meeting revealed on Wednesday.
posted by
LadyBroker
1456 days ago
in JPY, Fundamental
The Bank of Japan is scheduled to release the minutes from the monetary policy meeting of April 30, headlining Wednesday's Asian economic news.
posted by
Jason65
1456 days ago
in USD, JPY
The dollar and yen may fall against the euro after U.S. economic reports added to evidence the start of a recovery is near, reducing demand for safety.