Yen

Yen Strengthens as BOJ Holds Inflation Target at One Percent

Submitted by Samuel Kariuki on Thu, 20/12/2012 - 10:28
in

The Japanese currency climbed against its major peers as Bank of Japan officials refrained from increasing inflation target to 2 percent. The policy makers who were meeting yesterday maintained inflation target of one percent despite the new Prime Minister Shinzo Abe’s calls for the doubling of the target...

Yen Drops to Lowest Level in More Than a Year against the Euro and Dollar

Submitted by Tradervox 1 on Wed, 19/12/2012 - 09:46
in

The Japanese currency has fallen to the lowest level since August 2011 against the 17-nation currency as bets the Bank of Japan will make additional stimulus increased prior to the start of a policy meeting today...

Yen Drops as LDP Wins Elections

Submitted by Samuel Kariuki on Mon, 17/12/2012 - 17:43
in

The Japanese currency fell to its lowest level since April 2011 against the US dollar after Liberal Democratic  Party leader Shinzo Abe got a landslide victory in December 16 election in Japan...

Euro Climbs against the Yen on EU Leaders Decision

Submitted by Tradervox 1 on Fri, 14/12/2012 - 13:45
in

The 17-nation currency strengthened against the Japanese currency to 8-month high after the European Union leaders promised to seek joint strategy for dealing with failing banks....

Yen Drops Against Majors as Bets of Additional BOJ Stimulus Increases

Submitted by Marcio Pereira on Fri, 07/12/2012 - 08:40
in

The Japanese currency dropped against all major currencies as the market projected the Bank of Japan will add monetary easing to boost economic growth in the country. Concerns on the nation’s economic state rose after reports indicate the nation might be headed into a recession...

Yen Drops on Price Data and BOJ Easing Prospects

Submitted by Tradervox 2 on Fri, 30/11/2012 - 12:27
in

The Japanese currency has dropped to its lowest level in seven months against the euro as data from the country showed Japanese consumer prices stagnated last month. This has increased speculation the central bank will need to make more easing to spur inflation....

Yen Appreciates as Shares Drop on Fiscal Cliff Deadlock

Submitted by Tradervox 1 on Wed, 28/11/2012 - 13:47
in

Japanese yen appreciates against its major counterparts as Asian stocks declined. The drop came as US lawmakers struggled to reach a consensus on fiscal cliff issue boosting demand for safe-haven assets. The currency appreciated to its strongest in one week against the US dollar after Harry Reid, the US Senate Majority Leader, indicated that he was unhappy with the progress made in solving the fiscal cliff issues...

Euro May Strengthen Further Against the Yen

Submitted by Tradervox 1 on Fri, 23/11/2012 - 11:17
in

The recent developments in Greece crisis fighting measures have yielded positive results for the euro. With most investors anticipating a favorable outcome in the November 26 euro zone Finance Ministers meetings, the single currency has continued to strengthen against major currencies after dropping to critical supports earlier...

Yen gains against Peers as Consolidation Starts

Submitted by Tradervox 2 on Fri, 23/11/2012 - 09:09
in

The Japanese currency gained against most of its peers as technical indicators showed that the recent decline was overdone. The advance also came as reports from euro region indicated that manufacturing sector in the region contracted dampening prospects of improved global growth...

Yen Drops Prior to BOJ Policy Meeting

Submitted by Tradervox 1 on Mon, 19/11/2012 - 09:16
in

taThe Japanese currency dropped against the most peers as Bank of Japan officials prepare to hold a two day meeting to discuss the issue of easing. There is increased speculation of additional bond-buying efforts as the country heads to an election in December.

 

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